Registered Office:
374 1st Floor Pace City-2,Sector-37,
Gurgaon
-
122001,
Phone : 0124-2210 651
Fax : NA
Initial public offer of 50,00,400 equity shares of face value of (Rs) 10 each (equity shares) of the company at an offer price of (Rs) 100 per equity share (including a share premium of (Rs) 90 per equity share) for cash, aggregating to (Rs) 50.00 crores (offer) comprising a fresh issue of 40,00,800 equity shares aggregating to (Rs) 40.00 crores (the fresh issue) and an offer for sale of 2,66,560 equity shares by Arun Bhardwaj, 2,66,545 equity shares by Rajnish Sharma, 2,66,545 equity shares by Ravi Dutt and 1,99,950 equity shares by Tirath Singh Khaira (the selling shareholders or promoter selling shareholders) (offer for sale) aggregating to (Rs)10.00 crores, out of which 2,50,800 equity shares of face value of (Rs) 10 each, at an offer price of
(Rs) 100 per equity share for cash, aggregating (Rs) 2.50 crores has been reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. offer of 47,49,600 equity shares of face value of (Rs) 10 each, at an offer price of (Rs) 100 per equity share for cash, aggregating (Rs) 47.50 crores is hereinafter referred to as the net offer. The offer and net offer will constitute 26.32 % and 25.00 % respectively of the post- offer paid-up equity share capital of the company.
The face value of the equity shares is (Rs) 10 each and the offer price is 10 times of the face value .
Opens On
Closes On
Application
Allotment
07-Jul-25
09-Jul-25
100.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
36.30
Arihant Capital Markets Ltd
Project Financed through Current Offer
50.00
Post Issue Equity Share Capital
19.00