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Hi-Tech Pipes Ltd

Hi-Tech Pipes Ltd

    Registered Office : 505 Pearl Omaxe Tower Netaji,Subhash Place Pitampura,New Delhi New Delhi 110034 Phone : 91-11-48440050
    Fax : 91-11-48440055

    Email : info@hitechpipes.in

    Website : www.hitechpipes.in

Public issue of 27,30,000 equity shares of face value of Rs.10 each fully paid up of Hi-Tech Pipes Ltd ("HTPL"or""Hi-Tech" the "company" or the "issuer") for cash at a price of Rs.50 per equity share (the "issue price") including a share premium of Rs.40 per equity share aggregating Rs.13.65 crores (The "issue") by our company, of which 1,38,000 equity shares of Rs.10 fully paid up each will be reserved for subscription by market to ths issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 25,92,000 equity shares of Rs.10 each fully up is hereinafter referred) to as the "net issue". The issue and the net issue will constitute 26.50% and 25.16%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.50 the issue price is 5.00 times of the face value.

Issue

Opens On

Closes On

15-Feb-2016

19-Feb-2016

Money Payable On

Application

Allotment

50.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

13.65

13.65

10.30

50.00

Sarthi Capital Advisors Pvt Ltd

Projects
  • Working capital requirements
  • General corporate purposes
Promoted By
  • Ajay Kumar Bansal
  • Anish Bansal
Listing At
  • NSE - SME
Registrar to the Issue
  • Sharepro Services India P Ltd