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Phoenix Overseas Ltd
Phoenix Overseas Ltd
Registered Office : 13B, Bidhan Sarani Amherst St,,Kolkata West Bengal 700006 Phone : +91 33 2219 8752
Fax :
Email : cs@phxglobal.net
Website : www.phxglobal.net
Initial public offer of up to 56,30,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 64/- per equity share (including a securities premium of Rs. 54- per equity share) (the "Offer "Price"), aggregating upto Rs. 36.03 crores ("Offer"), comprising of fresh offer of upto 45,80,000 equity shares aggregating to Rs. 29.31 crores (the "Fresh Offer") and an offer for sale of upto 10,50,000 equity shares by Aparesh Nandi, Uday Narayan Singh and Jayanta Kumar Ghosh ("The Selling Shareholder") ("Offer for Sale") aggregating to Rs. 6.72 crores, out of which 2,82,000 equity shares aggregating to Rs. 1.80 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 53,48,000 equity shares of face value of Rs. 10 each at an offer price of Rs. 64/- per equity share aggregating to Rs. 34.23 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.10% and 27.64%, respectively of the post offer paid up equity share capital of the company.
Opens On
Closes On
20-Sep-2024
24-Sep-2024
Application
Allotment
64.00
0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
24.59
36.03
19.35
64.00
Khandwala Securities Ltd
- Funding its working capital requirements
- Pursuing inorganic growth initiatives
- General corporate purposes
- Aparesh Nandi
- Jayanta Kumar Ghosh
- Uday Narayan Singh
- NSE - SME
- Cameo Corporate Services Ltd