The issue comprise of a public issue of 43,77,600 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. [*]/- per equity shares (including a premium of Rs. [*]/- per equity share) aggregating to Rs. [*]/- crores ("The Issue") by the company. The issue comprises a reservation of which 2,19,200 equity shares of Rs. 10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 41,58,400 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company.
The Offer Price is Rs. 82 per equity share of face value of Rs. 10 each.
The Offer Price is 8.2 times of the face value of the equity shares.
Bid cane be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Sep-2024
27-Sep-2024
₹ 82.00
₹ 0.00
Minimum Application for shares in Nos : 1600.0
Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
SKI Capital Services Ltd
Project Financed through Current Offer
35.90
Post Issue Equity Share Capital
16.52
Issue Price
₹82.00
Projects
Funding capital expenditure for the purchase of new machinery
Funding working capital requirements of the company
Prepayment or repayment of a portion of certain outstanding borrowings availed by the company