Initial public offering of 11,23,200 equity shares of face value of
Rs. 10.00 each ("Equity Shares") of the company for cash at a price of
Rs. 235.00 per equity share (including a share premium of Rs. 225.00 per equity share) ("Offer Price") aggregating Rs. 26.40 crores ("Offer"). The offer comprises a fresh offer of 8,42,400 equity shares aggregating
Rs. 19.80 crores ("Fresh Issue") and an offer for sale of 2,80,800 equity shares ("Offered Shares") aggregating Rs. 6.60 crores, by Abhay Kantilal Shah HUF and such offer for sale of equity shares by the selling shareholder, the "Offer for Sale").
This offer includes a reservation of 56,400 equity shares aggregating
Rs. 1.33 crores for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.38% and 25.05%, respectively, of the post-offer paid-up equity share capital of the company, respectively.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-May-2024
21-May-2024
₹ 235.00
₹ 0.00
Minimum Application for shares in Nos : 600.0
Further Multiples of : 600.0