Registered Office:
#90 4th Flr 2nd Main 7th Cross,Chamrajpet,
Bangalore
-
560018,
Karnataka, India.
Phone : +91 802 660 5825
Fax : NA
Initial public offer of 54,03,600* equity shares of face value of (Rs) 10/- each ("Equity Shares") of the company at an offer price of (Rs) 111 per equity share (including a share premium of (Rs) 101 per equity share) for cash, aggregating (Rs) 59.98 crores ("Public Offer") comprising a fresh issue of 44,03,600 equity shares aggregating (Rs) 48.88 crores (the "Fresh Issue") and an offer for sale of 10,00,000 equity shares, comprising of 4,55,200 equity shares aggregating (Rs) 5.05 crores by Bhavika Gandhi, 4,55,200 equity shares aggregating (Rs) 5.05 crores by Isha Gandhi, 49,500 equity shares aggregating (Rs) 0.55 crores by Shashikala and 40,100 equity shares aggregating (Rs) 0.45 crores by Bhavya Gandhi (collectively, "The promoter Group Selling Shareholders" or "The Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale") aggregating (Rs) 11.10 crores, out of which 2,71,200 equity shares of face value of (Rs) 10/- each, at an offer price of (Rs) 111 per equity share for cash, aggregating (Rs) 3.01 crores was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 51,32,400 equity shares of face value of (Rs) 10/- each, at an offer price of
(Rs) 111 per equity share for cash, aggregating (Rs) 56.97 crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 27.01% and 25.66% respectively of the post-offer paid-up equity share capital of the company.
Opens On
Closes On
Application
Allotment
05-Feb-25
07-Feb-25
111.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
44.24
Unistone Capital Pvt Ltd
Project Financed through Current Offer
59.98
Post Issue Equity Share Capital
20.00