Gujarat, India.
Initial public offer consisiting of fresh issue of upto 19.26.000 equity shares of face value of (Rs)10 each filly paid cash at a price of (Rs) 60/- per equity share (including a share premium of (Rs) 50 per equity share) (the issue price) aggregating upto (Rs) 11.56 Crores ("the issue") of which 98,000 equity' shares of face value (Rs)10 each for cash at a price of (Rs) 60/- per equity aggregating (Rs) 0.59 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reseravation portion i.e. Issue 18,28,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 60 per equity share aggregating (Rs) 10.97 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.38% and 25.04%, respectively of the fully diluted post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10 each and the issue price of (Rs) 60/- is 6 times of the face value of the equity shares.
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
11.56
Pantomath Capital Advisors Pvt Ltd