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Navkar Corporation Ltd
Navkar Corporation Ltd
Registered Office : 205-206 J K Chambers,Sector 17 Vashi,Navi Mumbai Maharashtra 400703 Phone : 91-22-27668223
Fax : 91-22-27668238
Email : cs@navkarcorp.com
Website : www.navkarcorp.com
Initial public offering of 38709676 equity shares of face value of Rs.10 each (the "equity shares") of Navkar Corporation Limited ("NCL" or the "company" or the "issuer") for cash at a price of Rs. 155 per equity share (including a share premium of Rs. 145 per equity share) (The "offer price") aggregating to Rs. 600 crore (The "offer"). The offer comprises a fresh issue of 32,903,225 equity shares aggregating to Rs. 510 crore by the company (The "fresh issue") and an offer for sale of 5,806,451 equity shares aggregating to Rs. 90 crore by Sidhhartha Corporation Private Limited (The "selling shareholder") (The "offer for sale"). The offer shall constitute 27.14% of the post-offer paid-up equity share capital of the company. The Offer Price is Rs. 155 per equity shares of face value of Rs. 10 each. The offer price is 15.5 times the face value.
Opens On
Closes On
24-Aug-2015
26-Aug-2015
Application
Allotment
155.00
0.00
Minimum Application for shares in Nos : 95.0 Further Multiples of : 95.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
483.34
600.00
0.00
155.00
Axis Capital Ltd
Edelweiss Financial Services Ltd
SBI Capital Markets Ltd
- Capacity enhancement of the somathane CFS
- Development of the non-notified areas of CFSs
- Estabilishment of a logistics park at Valsad (near
- Shantilal Jayavantraj Mehta
- Nemichand Jayavantraj Mehta
- BSE
- NSE
- Link Intime India Pvt Ltd