The issue comprise of a public issue of 24,57,600 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. 102/- per equity shares (including a premium of Rs. 92/- per equity share) aggregating to Rs. 25.07 crores ("The Issue") by the company. The issue comprises a reservation of which 1,23,600 equity shares of Rs. 10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 23,34,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.99% and 28.48% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10 each. The floor price is 10.20 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Jan-2025
28-Jan-2025
₹ 102.00
₹ 0.00
Minimum Application for shares in Nos : 1200.0
Further Multiples of : 1200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
SKI Capital Services Ltd
Project Financed through Current Offer
25.07
Post Issue Equity Share Capital
8.19
Issue Price
₹102.00
Projects
Prepayment or repayment of a portion of certain outstanding borrowings availed by the company
Working capital requirements
Funding expenditure towards purchase of track chassis and truck bodies