Birdy's IPO, valued at Rs 16.47 crores, consists of 13.73 lakh fresh shares and is offered at a fixed price of ₹120 per share. Subscription for the IPO begins on April 15, 2024, closing on April 18, 2024, with the allotment expected on April 19, 2024. It is set to list on NSE SME by April 23, 2024.
Retail investors must apply for a minimum of 1200 shares, requiring an investment of at least ₹144,000. HNIs are required to invest in a minimum of 2 lots (2,400 shares), totaling ₹288,000.
Inventure Merchant Banker Services Pvt Ltd is the book running lead manager, with Bigshare Services Pvt Ltd serving as the registrar. Rikhav Securities is the market maker for Birdy's IPO
The company proposes to utilize the Net Proceeds towards:
Listing will enhance the corporate image & visibility of the brand name, providing liquidity to the existing shareholders.
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
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