Initial public offering of 18,571,428 equity shares of face value Rs. 5/- each ("Equity Shares") of the company for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 65 per equity share) ("Offer Price") aggregating to Rs.130.00 crores (the "Offer") comprising a fresh offer of 13,931,428 equity shares of face value Rs. 5/- each aggregating to Rs. 97.52 crores by the company (the "Fresh Offer") and an offer for sale of4,640,000 equity shares of face value Rs. 5/- each aggregating to Rs. 32.48 crores by Arun Kumar Jain and Anoop Agrawal( "Promoter Selling Shareholders"),each promoter selling shareholder providing an offer for sale of 2,320,000equity shares of face value Rs. 5/- each (and such offer for sale of equity shares by the promoter selling shareholders the "Offer for Sale"). The offer will constitute 25.89 % of the post-offer paid-up equity share capital of the company. The "Offer for Sale" and together with the fresh offer, the "Offer".
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
05-Aug-2025
07-Aug-2025
₹ 70.00
₹ 0.00
Minimum Application for shares in Nos : 211.0
Further Multiples of : 211.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
85.03
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
130.00
Post Issue Equity Share Capital
35.86
Issue Price
₹70.00
Projects
Funding working capital requirements of the company