Depa Limited, which is a primary provider of interior contracting services in the above mentioned markets, is coming out with its IPO. What is the price of Depa Limited IPO shares?
Depa Limited IPO shares are priced at $1.55 per share.
What is the price of Depa Limited GDR shares?
Depa Limited GDR or global depository receipts are priced at $7.75 per share.
What is the expected market capitalization of Depa Limited company?
Post IPO, at the given price valuations, the Depa Limited will be having a market cap of over 1 billion dollars.
How many shares will be offered for sale in the Depa IPO?
Depa Limited IPO will offer around 254 million shares through sale in IPO. Each GDR will represent 5 shares. They also come with an over allotment option of upto 25.5 million shares.
How much money is expected to be raised from Depa Limited IPO?
Depa hopes to raise around $432 million from the IPO.
Where will the shares of Depa Limited IPO be listed?
Shares of Depa Limited IPO will be listed on the Dubai International Financial Exchange, while the GDRs will be admitted on the official list of the London Stock Exchange.
| Where will the Depa Limited IPO proceeds be used? Depa said it hopes to raise $432 million from the offer which it will mainly use to finance acquisitions. | Table of Contents |
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