Quality Foils (India) Ltd
Registered Office:
3 Industrial Development,Colony,
Hisar
-
125005,
Phone : 01662-220327, 28
Fax : NA
Public issue of 7,54,000 equity shares of face value of (Rs) 10/- each fully paid up of Quality Foils (India) Limited "Quality" or the "Company" or the "Issuer") for cash at a price of (Rs) 60/- per equity share (the "Issue Price") (including share premium of (Rs) 50/- per equity share) aggregating (Rs) 4.52 crores (the "Issue") by the company, of which 38,000 equity shares of face value of (Rs) 10/- each fully paid up will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 7,16,000 equity shares of face value of (Rs) 10/- each fully paid up is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.42% and 25.09% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10/- each. The issue price is
(Rs) 60/-, The issue price is 6 times the face value.
Opens On
Closes On
Application
Allotment
14-Mar-23
16-Mar-23
60.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
4.12
Khambatta Securities Ltd
Project Financed through Current Offer
4.52
Post Issue Equity Share Capital
2.85
Funding capital expenditure requirements towards purchase of machinery
Working capital requirement including margin money
General corporate purposes
Kuldip Bhargava
Tejasvi Bhargava