JKB Financial Services Ltd.

Marine Electricals (India) Ltd
Registered Office: B/1 Udyog Sadan No 3, MIDC Andheri (East), Mumbai - 400093, Maharashtra
Phone: 91-22-40334300
Email: cs@marineelectricals.com
Website: www.marineelectricals.com
Public issue of 64,96,000 equity shares of Rs. 10 each (equity shares) of Marine Electricals (India) Limited (meil or the company) for cash at a price of Rs. 66 per share (the issue price), aggregating to Rs. 42.87 Crores (the issue), of which 3,36,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares of Rs.10 each. The issue price is Rs.66 per equity share, which is 6.6 times of the face value of the equity share.

Marine Electricals (India) Ltd

Registered Office: B/1 Udyog Sadan No 3, MIDC Andheri (East), Mumbai - 400093, Maharashtra

Phone: 91-22-40334300

Public issue of 64,96,000 equity shares of Rs. 10 each (equity shares) of Marine Electricals (India) Limited (meil or the company) for cash at a price of Rs. 66 per share (the issue price), aggregating to Rs. 42.87 Crores (the issue), of which 3,36,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares of Rs.10 each. The issue price is Rs.66 per equity share, which is 6.6 times of the face value of the equity share.

Issue	Money Payable On
28-Sep-2018	03-Oct-2018	₹ 66.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

28-Sep-2018

03-Oct-2018

₹ 66.00

₹ 0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Project Cost	42.87	Aryaman Financial Services Ltd
Project Financed through Current Offer	42.87
Post Issue Equity Share Capital	24.53
Issue Price	₹66.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

(₹)Cr.

Lead Managers to the Issue

Project Cost

42.87

Aryaman Financial Services Ltd

Project Financed through Current Offer

42.87

Post Issue Equity Share Capital

24.53

Issue Price

₹66.00

Projects
Working Capital Requirements
General Corporate Purposes

Projects

Working Capital Requirements

General Corporate Purposes

Promoted By
Vinay Uchil
Venkatesh Uchil
KDU Enterprises Pvt Ltd

Promoted By

Vinay Uchil

Venkatesh Uchil

KDU Enterprises Pvt Ltd

Listing At
NSE - SME

Listing At

NSE - SME

Registrar to the Issue
Bigshare Services Pvt Ltd

Registrar to the Issue

Bigshare Services Pvt Ltd

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