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IPO

IPO Details


Tara Chand Infralogistic Solutions Ltd
Registered Office: 342 Industrial Area Phase-I, , Chandigarh - 160002, Chandigarh
Phone: 91-172-2650380
Email: info@tarachandindia.in
Website: www.tarachandindia.in
Public issue of 37,20,000 equity shares of face value of Rs. 10 each ("equity shares") of Tara Chand Logistic Solutions Limited ("company" or "issuer") for cash at a price of Rs. 55 per equity share (including a share premium of Rs.45 per equity share) aggregating to Rs. 20.46 Crores. The issue comprises of 1,92,000 equity shares of face value Rs.. 10 each for cash at a price of Rs.55 per equity share, aggregating to Rs.1.06 Crores which 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. Issue of upto 35,28,000 equity shares of face value of Rs..10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 19.40 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.26% and 25.86% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 55 is 5.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Mar-2018 15-Mar-2018 ₹ 55.00 ₹ 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 20.46 Hem Securities Ltd
Project Financed through Current Offer 20.46
Post Issue Equity Share Capital 13.65
Issue Price ₹55.00
Projects
Repayment of certain secured borrowings availed by the company
Purchase of Capital equipment
To meet working capital requirement
General corporate purposes
Promoted By
Vinay Kumar
Ajay Kumar
Listing At
NSE - SME
Registrar to the Issue
No Data Available

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