The Nikita Paper IPO price band has been fixed at Rs 94 to Rs 104 per equity share.
Retail investors can bid for a lot size of 1,200 shares, aggregating to a minimum investment of Rs 1,14,000. For high net-worth individuals (HNIs), the minimum application size is two lots, or 2,400 shares. The minimum bidding amount for HNIs is Rs 2,49,600.
A maximum of 50% of the net offer size is reserved for Qualified Institutional Buyers (QIBs). The company has set aside 15% of the offer size for the Non-Institutional Investors (NIIs). The remaining portion of shares has been reserved for the retail bidders.
Fast Track Finsec Pvt Ltd is the book-running lead manager of the Nikita Papers IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. Rikhav Securities Limited is the market maker for Nikita Papers IPO.
