Public issue of 64,30,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Crayons Advertising Limited (the "Company" or the "Issuer") for cash at a price of Rs. 65 per equity (the "Issue Price") aggregating to Rs. 41.80 crores ("The Issue") comprising of a fresh issue of 64,30,000 equity shares aggregating to Rs. 41.80 crores (the "Fresh Issue") of which 3,22,000 equity shares aggregating to Rs. 2.09 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 61,08,000 equity shares aggregating to Rs. 39.70 crores (the "Net Issue"). The issue and the net issue will constitute 26.32% and 25.00% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 65 per equity share of the face value of Rs. 10 and the issue price is 6.5 times of the face value.
Bid can be made for minimum of equity shares is 2000 and the multiples of 2000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-May-2023
25-May-2023
₹ 65.00
₹ 0.00
Minimum Application for shares in Nos : 2000.0
Further Multiples of : 2000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
41.80
Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer
41.80
Post Issue Equity Share Capital
24.43
Issue Price
₹65.00
Projects
Funding of working capital requirements of the Company
Capital expenditure on infrastructure and cutting-edge technology foe expansion