Initial public offer of 30,51,200* equity shares of face value of Rs. 10/- each ("Equity Shares") of Brace Port Logistics Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 80/- per equity share (including a share premium of Rs. 70/- per equity share), aggregating to
Rs. 24.41 crores** ("The Issue"). This issue includes a reservation of 1,55,200 equity shares aggregating to Rs. 1.24 crores (constituting up to 1.37 % of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion"). The issue less market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.00 % and 25.63 % respectively of the fully diluted 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. 80/- is 8.00 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Aug-2024
21-Aug-2024
₹ 80.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
20.59
Holani Consultants Pvt Ltd
Project Financed through Current Offer
24.41
Post Issue Equity Share Capital
11.30
Issue Price
₹80.00
Projects
Funding the working capital requirement of the company