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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.
Opens On
Closes On
29-Sep-2011
05-Oct-2011
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
- Expansion of manufacturing facilities at SEZ & DTA
- Setting up of Dripper Project at Kashipur
- Working capital requirements
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