Initial public issue of up to 40,86,400* equity shares of face value of
Rs. 10.00 each ("Equity Shares") of the company for cash at a price of
Rs. 72 per equity share (including a share premium of Rs. 62 per equity share) ("Issue Price") aggregating up to Rs. 29.42 crores ("Issue"). This issue includes a reservation of up to 2,04,800* equity shares aggregating up to Rs. 1.47 crores for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.37 % and 25.05 %, respectively, of the post-issue paid-up equity share capital of the company, respectively.
The face value of the equity shares is Rs. 10.00 each.
*Subject to finalization of basis of allotment and lot size.
s
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Dec-2024
12-Dec-2024
₹ 72.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
27.92
Khambatta Securities Ltd
Project Financed through Current Offer
29.42
Post Issue Equity Share Capital
15.50
Issue Price
₹72.00
Projects
To meet capital expenditure for the project development at Sanjay Dubri National Park
To meet capital expenditure for renovation of Pench Jungle Camp at Pench National Park
Investment in its subsidiary Madhuvan Hospitality Pvt Ltd ("MHPL") in relation to capital exp for the project development at Mathura Hotel Project