Gujarat, India.
Initial public offer consisting of fresh issue of 62,97,000 equity shares of face value of (Rs) 10/- each fully paid for cash at a price of (Rs) 45 per equity share (the "issue price") (including a share premium of (Rs) 35 per equity share) aggregating (Rs) 28.34 crores (the "issue"), of which 3,27,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 45/- per equity share, aggregating (Rs) 1.47 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion") and 8,70,000 equity shares of (Rs) 10/- each for cash at price of (Rs) 45 per equity share aggregating (Rs) 3.92 crores will be reserved for subscription by eligible employees (the "employees reservation portion"). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 51,00,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 45/- per equity share, aggregating (Rs) 22.95 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 35% and 28.35% respectively of the fully diluted post issue paid up equity share capital of the company.
The Face value of the equity share is (Rs) 10/- each.
The issue price is (Rs)45/- and is 4.5 times the face value of the equity shares.
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
28.34
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
28.34
Post Issue Equity Share Capital
17.99