Krishana Phoschem Ltd
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Registered Office:
5-O-20 Basement,R C Vyas Colony
,
Bhilwara
-
311001
,
Rajasthan
, India.
Phone :
91-1482-237104/239091/230060 Fax:
Email : secretarial@krishnaphoschem.com
Website : www.krishnaphoschem.com
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Initial public offer of 65,76,000 equity shares of face value of (Rs)10.00 each of Krishana Phoschem Limited ("The company") for cash at a price of (Rs)30 per equity share (including a share premium of (Rs)20 per equity share) ("Offer Price") aggregating to (Rs)19.73 crores ("The offer") through an offer for sale by Mahendra Kumar Ostwal, Pankaj Ostwal HUF, Praveen Ostwal HUF, Chunri Prints Pvt. Ltd., Paneri Textiles Pvt. Ltd, Archid Products Pvt. Ltd, Mrs. Nitu Ostwal, Mrs. Ekta Jain, Mr. Pankaj Ostwal, Mahendra Kumar Ostwal HUF, Seasons Agro Chem India Pvt. Limited, Madhya Bharat agro products Limited, of which 3,36,000 equity shares of face value of (Rs)10.00 each for a cash price of (Rs)30 per equity share, aggregating to (Rs)1.01 crores will be reserved for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. Offer of 62,40,000 equity shares of face value of (Rs)10.00 each at an offer price of (Rs)30 per equity share aggregating to (Rs)18.72 crores (The "Net Offer"). The offer and the net offer will constitute 26.41% and 25.06%, respectively of the post offer paid up equity share capital of the company.
The face value of the equity shares is (Rs)10.00 each and the offer price is (Rs)30 each. The offer price is 3 times of the face value.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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13-Feb-17
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16-Feb-17
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(Rs)30.00-0.00
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(Rs)0.00-0.00
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Minimum Application for shares in Nos :4000 Further
Multiples of :4000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.28
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Hem Securities Ltd |
Project Financed through Current Offer
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19.73
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Post Issue Equity Share Capital
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24.90
|
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Issue Price
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(Rs)30.00
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