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Benara Bearings & Pistons Ltd
Registered Office: A-3 & 4 Site B Industrial Area, Sikandra, Agra - 282007, Uttar Pradesh
Phone: 91-562-2970158
Email: investorgrievance@benara-phb.com
Website: www.benara-phb.com
Initial public offer consisting of fresh issue of 53,16,000* equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 63 per equity share (the issue price) (including a share premium of Rs. 53 per equity share) aggregating Rs. 33.49 Crores (the issue), of which 2,72,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 1.71 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 76,000 equity shares of Rs. 10/- each for cash at price of Rs. 63 per equity share aggregating Rs. 0.48/ Crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 49,68,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 31.30 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 30.02% and 28.06% respectively of the fully diluted post issue paid up equity share capital of the company. Issue Price: Rs.63 per equity share The face value of equity share is Rs.10/- each and issue price is Rs.63 is 6.30 times of the face value of equity share.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
20-Mar-2018	22-Mar-2018	₹ 63.00	₹ 0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
	(₹)Cr.	Lead Managers to the Issue
Project Cost	30.49	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer	33.49
Post Issue Equity Share Capital	17.71
Issue Price	₹63.00

Projects
Expansion of the company by way of operating retail stores for automobile parts across the country
Funding the working capital requirements of the subsidiary BSPL
Funding the working capital requirements of the company
General corporate purpose

Promoted By
Panna Lal Jain
Vivek Benara

Listing At
BSE - SME

Registrar to the Issue
Bigshare Services Pvt Ltd

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