Ducol Organics & Colours Ltd
Registered Office:
Office No 302 Express Building,14-E Road Churchgate,
Mumbai
-
400020,
Phone : 91-22-4608 2353
Fax : NA
Public issue of 40,40,000 equity shares of face value of (Rs) 10.00 each of Ducol Organics and Colours Limited ("The Company" or "The Isuer") for cash at a price of (Rs) 78.00 per equity share (including a share premium of
(Rs) 68.00 per equity share) ("Issue Price") aggregating to (Rs) 31.51 crores ("The Issue"). of the issue, 4,01,600 equity shares aggregating to
(Rs) 3.13 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 36,38,400 equity shares of face value of (Rs) 10.00 each at an issue price of (Rs) 78.00 per equity share aggregating to
(Rs) 28.38 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.79% and 25.02%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10.00 each and the issue price of (Rs) 78.00 is 7.80 times of the face value.
Opens On
Closes On
Application
Allotment
09-Jan-23
11-Jan-23
78.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
30.71
First Overseas Capital Ltd
Project Financed through Current Offer
31.51
Post Issue Equity Share Capital
14.54
Funding working capital requirements of the company
General corporate purposes
Aamer Ahmed Farid
Hani Ahmed Farid