Initial public offer of 61,63,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Greenchef Appliances Limited ("The Company" or "Greenchef" or "The Issuer") at an issue price of Rs. 87/- per equity share for cash, aggregating up to Rs. 53.62 crores ("Public Issue") out of which 3,12,000 equity shares of face value of Rs. 10 each, at an issue price of
Rs. 87/- per equity share for cash, aggregating Rs. 2.71 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,51,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 87/- per equity share for cash, aggregating upto
Rs. 50.91 crores is herein after referred to as the "Net Issue". The public issue and net issue was constituted 26.48% and 25.14% respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Jun-2023
27-Jun-2023
₹ 87.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
48.83
Hem Securities Ltd
Project Financed through Current Offer
53.62
Post Issue Equity Share Capital
23.27
Issue Price
₹87.00
Projects
Funding capital expenditure towards installation of additional plant and machinery
Funding capital expenditure towards construction of factory building