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Flexituff Ventures International Ltd

Flexituff Ventures International Ltd

    Registered Office : C41-50 SEZ Sector 3 Pithampur,Dhar,Dhar Madhya Pradesh 454775 Phone : 91-07292-420200
    Fax : 91-07292-401684

    Email : investors@flexituff.com; mail@flexituff.com

    Website : www.flexituff.com

Public issue of 6,750,000 equity shares of face value Rs. 10 each of Flexituff International Limited ("FIL" or The "Company" or The "Issuer") for cash at price of Rs. 155/- per equity share ("Issue Price") (including a share premium of Rs. 145/- per equity share) aggregating to Rs. 104.63 crores comprising of a fresh issue of 4,500,000 equity shares of Rs. 10 each at a price of Rs. 155/- per equity share aggregating to Rs. 69.75 crores ("Fresh Issue") and an offer for sale of up to 2,250,000 equity shares of Rs. 10 each at a price of Rs. 155/- per equity share aggregating to Rs. 34.88 crores by Clearwater Capital Partners (Cyprus) Limited (The "Selling Shareholder") ("Offer for Sale"). The fresh issue and the offer for sale are together referred to as the "Issue". The issue will constitute 31.09% of the post issue paid up capital of the company. Issue price: Rs. 155/- per equity share of face value of Rs. 10/- each. The issue price is 15.5 times of the face value.

Issue

Opens On

Closes On

29-Sep-2011

05-Oct-2011

Money Payable On

Application

Allotment

155.00

0.00

Minimum Application for shares in Nos : 40.0 Further Multiples of : 40.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

63.27

104.63

21.71

155.00

Collins Stewart Inga Pvt Ltd

Projects
  • Expansion of manufacturing facilities at SEZ & DTA
  • Setting up of Dripper Project at Kashipur
  • Working capital requirements
  • General corporate purposes
Promoted By
  • Kalani Industries Pvt Ltd
  • Miscellani Global Pvt Ltd
  • Sanovi Trading Pvt Ltd
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Link Intime India Pvt Ltd