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Bharat Wire Ropes Ltd

Bharat Wire Ropes Ltd

    Registered Office : Plot 1&4 Atgaon Industrial,Complex Taluka Shalpur,Thane Maharashtra 421601 Phone : 91-2527-240123
    Fax : 91-2527-240196

    Email : compliance@bharatwireropes.com; investors@bharatwi

    Website : www.bharatwireropes.com

Public issue of 1,55,55,555 equity shares of face value of Rs. 10 each ("equity shares") of Bharat Wire Ropes Limited (The "Company" or the "Issuer") for cash at a price of Rs. 45 per equity share (including a share premium of Rs. 35 per equity share) aggregating up to Rs. 70.00 crores (the "issue"). The issue comprises a net issue to the public of 1,47,77,778 equity shares (the "net issue") and reservation of 7,77,777 equity shares aggregating up to Rs. 3.50 crores for subscription by eligible employee (The "employee reservation portion"). The issue constitute 34.60% of the post-issue paid-up equity share capital and the net issue to the public constitue 32.87% of post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 45 per equity share and is 4.5 tims the face value of the equity shares.

Issue

Opens On

Closes On

18-Mar-2016

22-Mar-2016

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 300.0 Further Multiples of : 300.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

70.00

0.00

45.00

BOB Capital Markets Ltd

Intensive Fiscal Services Pvt Ltd

Projects
  • To set up a proposed project of wire ropes at MIDC
  • To meet general corporate expenses
Promoted By
  • Murarilal Mittal
  • Usha Mittal
  • Manan Mittal
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd