Registered Office:
1st Flr Unit # 70A Kandiwali-,Ind.Estate Charkop Kandivali W,
Mumbai - 400067,
Maharashtra, India.
Phone : +91 99032 31000
Fax : NA
Initial public offer of 65,61,600 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Yash Optics & Lens Limited ("Yash", or "The Company" or "The Issuer") for cash at a price of (Rs) 81/- per equity share including a share premium of (Rs) 71/- per equity share (the "Issue Price") aggregating to (Rs) 53.15 crores ("The Issue"), of which 3,31,200 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 81/- per equity share including a share premium of (Rs) 71/- per equity share aggregating to (Rs) 2.68 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 62,30,400 equity shares of face value of (Rs) 10/- each at a price of (Rs) 81/- per equity share including a share premium of (Rs) 71/- per equity share aggregating to (Rs) 50.47 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.49 % and 25.16 % respectively of the post issue paid up equity share capital of the company.
The face value of equity shares is (Rs) 10/- each. The issue price is 8.1 times the face value of the equity shares.
Opens On
Closes On
Application
Allotment
27-Mar-24
03-Apr-24
81.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
49.89
Shreni Shares Ltd
Project Financed through Current Offer
53.15
Post Issue Equity Share Capital
24.77
Funding of capital expenditure for setting up a mfg unit for backward integration
Purchase of plant and machinery at existing mfg unit
Repayment/prepayment of certain borrowings availed by the company
Funding working capital requirements of the company
General corporate purposes