Open Offer19 May 2026, 08:54 am
Lippi Systems: Open Offer for 33.82 Lakh Shares at ₹56.84
AI Summary
Vivro Financial Services, manager to the open offer, announced an open offer for Lippi Systems. The offer is for the acquisition of up to 33,82,231 equity shares, representing 25.05% of the expanded share capital, at a price of ₹56.84 per share. The total consideration for the offer is ₹19,22,46,010.04. The acquirers are Vinesh Shivji Dholtu, Jagdish Shivji Dholu, Shivji Karamshi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu.
Key Highlights
- Open offer for 33,82,231 equity shares of Lippi Systems.
- Offer price is ₹56.84 per equity share.
- Total consideration of the offer is ₹19,22,46,010.04.
- Offer represents 25.05% of the expanded share capital.
- Vivro Financial Services is the manager to the open offer.