Techknowgreen Solutions Ltd
Registered Office:
Flat-202 Hem Opal Aprt.Plot#26,Ekta Park Society Wakdewadi,
Pune
-
411003,
Phone : +91 9607002553
Fax : NA
Initial public offering of 19,44,000 equity shares of face value of
(Rs) 10.00 each ("Equity Shares") of Techknowgreen Solutions Limited ("TSL" or "Company" or "Issuer") for cash at a price of (Rs) 86.00 per equity share including a share premium of (Rs) 76.00 per equity share (the "Issue Price") aggregating upto (Rs) 16.72 crores ("The Issue") of which 97,600 equity shares of face value of (Rs) 10.00 each for cash at a price of (Rs) 86.00 per equity share including a share premium of (Rs) 76.00 per equity share aggregating to (Rs) 0.84 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 18,46,400 equity shares of face value of (Rs) 10.00 each at a price of (Rs) 86.00 per equity share including a share premium of (Rs) 76.00 per equity share aggregating to (Rs) 15.88 crores (the "Net Issue"). The issue and the net issue will constitute 26.33% and 25.01% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs) 10.00 and the issue price is 8.6 times of the face value of the equity shares.
Opens On
Closes On
Application
Allotment
18-Sep-23
21-Sep-23
86.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
12.87
Indorient Financial Services Ltd
Project Financed through Current Offer
16.72
Post Issue Equity Share Capital
7.38
Investment in research and development intiatives with includes hiring of experienced R&D resources and purchase of equipment to support R&D intiatives
Investment in office premises
Refurbishment of new office premises and purchase of office equipemnts
Expension of its execution and support services teams including hiring of resources with experties in environmental consulting
Repayment of Bank facilities
General corporate purposes
Ajay Ramakant Ojha
Prasad Rangrao Pawar