IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Continental Seeds and Chemicals Ltd

Registered Office : Lower Ground Floor Plot No.38,Okhla Phase 3 South Delhi,New Delhi Delhi 110020 Phone : 91-11-40523652
Fax :

Email : info@continentalseeds.co.in

Website : www.continentalseeds.co.in

Public issue of 16,20,000 equity shares of face value of Rs. 10 each ("equity shares") of Continental Seeds and Chemicals Limited (the "company" or the "issuer") for cash at a price of Rs. 26 per equity share, including a share premium of Rs. 16 per equity share (the "issue price"), aggregating Rs. 4.21 crores ("the issue"), of which upto 84,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 26 per equity share, aggregating Rs. 0.22 crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 15,36,000 equity shares of face value of Rs. 10 each cash at a price of Rs. 26 per equity share, aggregating Rs. 3.99 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.99% and 25.59% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 26/- i.e. 2.6 times of the face value of the equity shares.

Issue

Opens On

Closes On

21-Mar-2018

23-Mar-2018

Money Payable On

Application

Allotment

26.00

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)

4.21

6.00

26.00

Navigant Corporate Advisors Ltd

Projects

To part finance working capital requirements of the company

To meet general corporate purposes

Promoted By

Praveen Rastogi

Listing At

NSE - SME

Registrar to the Issue

MAS Services Ltd