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Madhya Bharat Agro Products Ltd

Registered Office : 5-O-21 Basement,R C Vyas Colony,Bhilwara Rajasthan 311001 Phone : 91-01482-237104/239091/310871
Fax : 91-01482-239638

Email : info@mbapl.com

Website : www.mbapl.com

Public offer of 57,90,000 equity shares of face value of Rs. 10 each of Madhya Bharat Agro Products Limited ("The Company") for cash at a price of Rs. 24 per equity share (including a share premium of Rs. 14 per equity share)("Offer Price") aggregating to Rs. 13.90 crores ("The Offer") through an offer for sale by Mr. Pankaj Ostwal, Mrs. Shashi Jain & Mrs. Amita Mehta, Mrs. Shashi Jain & Mr. Dharmesh Mehta, Season Agro Chem India Pvt Ltd, Ostwal Phoschem (India) Ltd, Paneri Textiles Pvt Ltd and Chunri Prints Pvt Ltd (The Selling Shareholders including promoters) of which 2,94,000 equity shares of face value of Rs.10 each for a cash price of Rs. 24 per equity share, aggregating to Rs. 0.71 crores will be reserved for subscription by market maker ("market maker reservation portion"). The offer lass the market maker reservation portion i.e. offer 54,96,000 equity shares of face value of Rs. 10 each at an offer price of Rs. 24 per equity share aggregating to Rs. 13.19 crores. The offer and the net offer will constitute 26.43% and 25.09%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the offer price is Rs.24. The offer price is 2.4 times of the face value.

Issue

Opens On

Closes On

29-Aug-2016

02-Sep-2016

Money Payable On

Application

Allotment

24.00

0.00

Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.30

13.90

21.91

24.00

Hem Securities Ltd

Projects

Listing fees on Stock Exchanges

Promoted By

Pankaj Ostwal

Praveen Ostwal

Season Agro Chem India Pvt Ltd

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd