Initial public issue of up to 20,20,000 equity shares of face value of
Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) ("Issue Price") aggregating up to Rs. 28.28 crores ("Issue / Offer"). This issue includes a reservation of up to 1,01,000* equity shares aggregating up to Rs. 1.41 crores for subscription by market maker ("Market Maker Reservation Portion") and a reservation of up to 20,000* equity shares (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company, respectively.
Price Band: Rs. 140 per equity share of face value of Rs. 10 each.
The Floor price is 14 times the face value of the equity shares respectively.
Bids can be made for a minimum of 1000 equity shares and in multiple of 1000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Feb-2025
14-Feb-2025
₹ 140.00
₹ 0.00
Minimum Application for shares in Nos : 1000.0
Further Multiples of : 1000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
26.50
Khambatta Securities Ltd
Project Financed through Current Offer
28.28
Post Issue Equity Share Capital
7.54
Issue Price
₹140.00
Projects
Working Capital Requirement including margin money