Registered Office:
Opp.Manav Bharti School,Garsisar,
Bikaner
-
334001,
Rajasthan, India.
Phone : +91 89258 99652
Fax : NA
Initial public offer of 28,03,200 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Papadmalji Agro Foods Limited ("The Company") for cash at a price of (Rs) 72 per
equity share (including share premium of (Rs) 62 per equity share) ("Offer Price"), aggregating to (Rs) 20.18 Crores comprising a fresh issue of 25,72,800 equity shares
aggregating to (Rs) 18.52 Crores by the company (the "Fresh Offer") and an offer for sale of 2,30,400 equity shares aggregating up to (Rs) 1.66 Crores by India Customer Insight Fund (the "Selling Shareholder" or the "Investor Selling Shareholder") (the "Offered Shares") (the "Offer For Sale" and together with the fresh issue, the "Offer") of which upto 1,44,000 equity shares aggregating to (Rs) 1.04 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. Net offer of upto 26,59,200 equity shares at an offer price of (Rs) 72 per equity share aggregating to (Rs) 19.15 Crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute 29.85% and 28.31%, respectively of the post-offer paid-up equity share capital of the company.
Price Band: (Rs) 72/- per equity share of face value of (Rs) 10/- each.
The floor price 7.20 times of the face value of the equity shares, respectively.
Bids can be made for a minimum of 3,200 equity shares of face value of (Rs) 10/- each and in multiples of 1,600 equity shares thereafter.
Opens On
Closes On
Application
Allotment
29-Sep-26
01-Oct-26
72.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3200
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Kreo Capital Private Limited
Project Financed through Current Offer
20.18
Post Issue Equity Share Capital
9.39