Registered Office:
M 4 Phase VI Gamharia,Adityapur Industrial Area,
Jamshedpur - 832108,
Jharkhand, India.
Phone : +91 0657 2203812
Fax : NA
Initial public offer of up to 2,08,33,332 equity shares^ of face value of
(Rs) 5 each of the company for cash at a price of (Rs) 240 per equity share (including a share premium of (Rs) 235 per equity share) ("Offer Price") aggregating up to (Rs) 500.00 crores^ ("Offer") comprising a fresh issue of up to 1,04,16,666 equity shares of face value of (Rs) 5 each by the company aggregating up to (Rs) 250.00 crores^ (the "Fresh Issue") and an offer for sale of up to 1,04,16,666 equity shares of face value of (Rs) 5 each (the "Offered Shares") aggregating up to (Rs) 250.00 crores^ (the "Offer for Sale"), comprising up to 7,000,000 equity shares of face value of (Rs) 5 each aggregating up to (Rs) 168.00 crores^ by Sudhir Rai , up to 3,416,666 equity shares of face value of (Rs) 5 each aggregating up to (Rs) 82.00 crores^ by Anita Rai (the "Promoter Selling Shareholders"). The offer shall constitute 32.30% of the post-offer paid-up equity share capital of the company.
^Subject to finalisation of basis of allotment
| Issue |
Money Payable On |
| Opens On |
Closes On |
Allotment |
Application |
| 09-Sep-24 | 11-Sep-24 |
0.00-0.00 |
240.00-0.00 |
Minimum Application for shares in Nos :
62
Further Multiples of :
62
|
(Rs. in Cr) |
Lead Managers to the Issue |
| Project Cost |
236.19 |
Equirus Capital Pvt Ltd |
| Project Financed |
500.00 |
|
| Post Issue |
32.25 |
|
| Issue Price |
32.25 |
|