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Krishana Phoschem Ltd

Krishana Phoschem Ltd

    Registered Office : 5-O-20 Basement,R C Vyas Colony,Bhilwara Rajasthan 311001 Phone : 91-1482-237104/239091/230060
    Fax :

    Email : secretarial@krishnaphoschem.com

    Website : www.krishnaphoschem.com

Initial public offer of 65,76,000 equity shares of face value of Rs. 10.00 each of Krishana Phoschem Limited ("The company") for cash at a price of Rs. 30 per equity share (including a share premium of Rs. 20 per equity share) ("Offer Price") aggregating to Rs. 19.73 crores ("The offer") through an offer for sale by Mahendra Kumar Ostwal, Pankaj Ostwal HUF, Praveen Ostwal HUF, Chunri Prints Pvt. Ltd., Paneri Textiles Pvt. Ltd, Archid Products Pvt. Ltd, Mrs. Nitu Ostwal, Mrs. Ekta Jain, Mr. Pankaj Ostwal, Mahendra Kumar Ostwal HUF, Seasons Agro Chem India Pvt. Limited, Madhya Bharat agro products Limited, of which 3,36,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 30 per equity share, aggregating to Rs. 1.01 crores will be reserved for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. Offer of 62,40,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 30 per equity share aggregating to Rs. 18.72 crores (The "Net Offer"). The offer and the net offer will constitute 26.41% and 25.06%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price is Rs. 30 each. The offer price is 3 times of the face value.

Issue

Opens On

Closes On

13-Feb-2017

16-Feb-2017

Money Payable On

Application

Allotment

30.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.28

19.73

24.90

30.00

Hem Securities Ltd

Projects
  • Listing fees on Stock Exchanges
Promoted By
  • Praveen Ostwal
  • Ostwal Phoschem (India) Ltd
  • Seasons Agro Chem India Pvt Lt
Listing At
  • NSE - SME
Registrar to the Issue
  • Link Intime India Pvt Ltd