Public Issue of 22,24,000 equity shares of face value of Rs. 10 each ("equity shares") of Wonder Fibromats Limited (the "company" or the "issuer") for cash at a price of Rs. 89 per equity share, including a share premium of Rs. 79 per equity share (the "issue price"), aggregating Rs.19.79 Crores ("the issue"), of which 1,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 89 per equity share, aggregating Rs.0.99 Crores will be reserved for subscriptions by the market maker to the
issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 21,12,000 equity shares of face value of Rs.10 each cash at a price of Rs. 89 per equity share, aggregating Rs.18.80 Crores is hereinafter Referred to as the "net issue". The issue and the net issue will constitute 26.55% and 25.22% respectively of the post issue paid up Equity share capital of the company.
The face value of the equity shares is Rs. 10 each and the issue price of Rs. 89 i.e. 8.9 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Jul-2019
29-Jul-2019
₹ 89.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
20.02
Navigant Corporate Advisors Ltd
Project Financed through Current Offer
19.79
Post Issue Equity Share Capital
8.38
Issue Price
₹89.00
Projects
To Finance the Expenditure towards Land & Site Development & Other Civil Work
To Acquire the Plant & Machinery
To Part Finance the Requirement of Working Capital