Initial public offer consisting of fresh issue of 56,60,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per
Equity share (" the issue price"),(including a share premium of Rs. 62 per equity share), aggregating Rs. 40.76 Crores ("the issue"), of which
2,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per equity share, aggregating Rs. 2.07 Crores will be reserved
For subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation
Portion i.e. Net issue of 53,72,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per equity share, aggregating Rs.
38.69 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 30% and 28.48% respectively of the fully
Diluted post issue paid up equity share capital of the company.
The face value of equity shares is Rs.10 each.
The issue price is Rs.72 and is 7.2 times the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
14-May-2018
16-May-2018
₹ 72.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
40.76
Post Issue Equity Share Capital
18.87
Issue Price
₹72.00
Projects
Upgradition & Modernisation of existing manufacturing facility
Funding the Working Capital Requirements of the company