|
Raw Edge Industrial Solutions Ltd
|
Registered Office:
A-9 B-1/04-05 Grd Flr B-Wing,Bommerang Andheri East
,
Mumbai
-
400072
,
Maharashtra
, India.
Phone :
91-9724326805 Fax:
Email : info@rawedge.in
Website : www.rawedge.in
|
|
Initial public offer of 22,91,200 equity shares of face value of (Rs)10 each ("equity shares") of Raw Edge Industrial Solutions Limited ("Company" or "Issuer") for cash at a price of (Rs)72 per equity share (including a share premium of (Rs)62 per equity share) ("Issue Price") aggregating to (Rs)16.50 crores ("Issue") consisting of a fresh issue of 16,81,200 equity shares of face value of (Rs)10 each ("equity shares") for cash at a price of (Rs)72 per equity share aggregating to (Rs)12.10 crores ("Issue") and an offer for sale of 6,10,000 equity shares aggregating to (Rs)4.39 crores (the "offer for sale"), comprising of 2,00,000 equity shares by Mr. Bimal Bansal, 2,00,000 equity shares by Mrs. Shweta Bansal and 2,10,000 equity shares by Mrs. Bala Bansal ("Collectively referred as selling shareholders and promoters and promoter group") of which 1,15,200 equity shares of face value of (Rs)10.00 each for a cash price of (Rs)72 per equity share, aggregating to (Rs)0.83 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 21,76,000 equity shares of face value of (Rs)10.00 each at an issue price of (Rs)72 per equity share aggregating to (Rs)15.67 crores (the "net issue"). The issue and the net issue will constitute 27.33% and 25.96%, respectively of the post issue paid up equity share capital of the company.
The Face value of the equity shares is (Rs)10 each and the issue price is (Rs)72 each. The Issue Price is 7.2 times of the face value.
|
|
Issue
|
Money Payable On
|
|
Opens On
|
Closes On
|
Application
|
Allotment
|
|
05-Jul-18
|
10-Jul-18
|
(Rs)72.00-0.00
|
(Rs)0.00-0.00
|
|
Minimum Application for shares in Nos :1600 Further
Multiples of :1600
|
|
|
(Rs Cr)
|
Lead Managers to the Issue
|
|
Project Cost
|
15.65
|
Guiness Corporate Advisors Pvt Ltd |
|
Project Financed through Current Offer
|
16.50
|
|
|
Post Issue Equity Share Capital
|
8.38
|
|
|
Issue Price
|
(Rs)72.00
|
|
|