Gujarat, India.
Initial public offering of 15,714,200* equity shares of face value of (Rs) 10/- each ("Euity 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 to (Rs) 220.00 crores* (the "Issue") the issue being 26.23% of the post-issue paid-up equity share capital of the company.
The company has, in consultation with the brlm, undertaken a pre-ipo placement of 4,400,000 equity shares at an issue price of (Rs) 125/- per equity share (including a Premium of (Rs) 115/- per Equity Share) aggregating (Rs) 55.00 crores on october 21, 2024 to Malabar India Fund Limited and Carnelian Bharat Amritkaal Fund. the size of the issue has been reduced by (Rs) 55.00 crores pursuant to the pre-ipo placement and the revised size of the issue is (Rs) 220.00 crores*. The company has appropriately intimated the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the issue may come through or listing shall happen and the investment is being done solely at the risk of the investor. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement has been appropriately made in the relevant sections.
The face value of the equity share is (Rs) 10/- each and the issue price is 14 times the face value of the equity shares.
* Subject to finalization of basis of allotment.
Minimum Application for shares in Nos :
100
Further Multiples of :
100
(Rs.Cr)
Lead Managers to the Issue
Project Cost
200.73
Monarch Networth Capital Ltd