• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Polycab India Ltd
Registered Office:
E-554 Greater Kailash - II,,
New Delhi - 110048,
Delhi, India.
Website :  www.polycab.com
Initial public offering of 25,022,067 equity shares of face value of (Rs) 10 each ("equity shares") of the company for cash at a price of (Rs) 538 per equity share, including a premium of (Rs) 528 per equity share, aggregating to (Rs) 1345.26 Crores ("offer") comprising a fresh issue of 7,440,067 equity shares aggregating to (Rs) 400 Crores by the company ("fresh Issue") and an offer for sale of to 17,582,000 equity shares by the investor selling shareholder, the promoter selling shareholders, the promoter group selling Shareholders and the individual selling shareholders, collectively referred to as the "selling shareholders" (defined hereinafter) aggregating to (Rs) 945.26 Crores (such equity shares offered by the selling shareholders, collectively referred to as the "offered shares" and such an offer for sale, "offer for sale"). The offer includes a Reservation of 175,000 equity shares aggregating up to (Rs) 8.49 Crores for eligible employees (defined hereinafter) ("employee reservation portion") (which shall not exceed 5% of the post-offer equity share capital of the company). The offer less the employee reservation portion is referred to as the "net offer". The offer and the net offer shall constitute 16.83% and 16.72% of the post-offer paid-up equity share capital of the company, respectively. A Discount of (Rs)53 per equity share was offered to eligible employees who have bidded in the employee reservation portion. ("Employee Discount"). Offer Price: (Rs)538 per equity share of face value of (Rs)10 each. Anchor Investor Offer Price: (Rs)538 per equity share. The Offer Price is 53.8 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
05-Apr-19
09-Apr-19
538.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 27     Further Multiples of : 27
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
383.47
Axis Capital Ltd
Project Financed
1345.26
 
Post Issue
148.65
 
Issue Price
538.00
 
Projects
Scheduled Repayment of all or a portion of certain Borrowings availed by the Company
To Fund incremental Working Capital Requirements of the company
General Corporate Purposes
Promoted By
Inder T Jaisinghani
Ajay Jaisinghani
Ramesh T Jaisinghani
Listing At
BSE
NSE
Registrar to the Issue
Karvy Fintech Pvt Ltd
DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries