Public issue of 42,00,000 equity shares of Rs. 10 each ("equity shares") of DRS Dilip Roadlines limited ("ddrl" or the "company") for cash at a price of 75 per share (the "issue price"), aggregating to Rs. 31.50 Crores("the issue"), of which 2,25,600 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 39,74,400 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.88% and 26.39%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10 and the issue price is 7.5 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Nov-2018
30-Nov-2018
₹ 75.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
31.50
Aryaman Financial Services Ltd
Project Financed through Current Offer
31.50
Post Issue Equity Share Capital
15.06
Issue Price
₹75.00
Projects
Repayment of Unsecured Loans
Setting up Additional Warehouse in the State of Telangana
Acquiring Additional Branch for Expansion of Business