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Euro Panel Products Ltd

Euro Panel Products Ltd

    Registered Office : 702 7th Flr Aravalli Busi. Cen,Ramdas Sutrale Rd. Borivali(W),Mumbai Maharashtra 400092 Phone : 91-022-29686500
    Fax :

    Email : cs@eurobondacp.com

    Website : www.eurobondacp.com

Initial public issue of 65,00,000 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Euro Panel Products Limited ("Euro" or "The Company" or the "Issuer") for cash at a price of Rs. 70.00 per equity share (The "Issue Price"), (including a premuim of Rs. 60.00 per equity share), aggregating Rs. 45.15 crores ("The Issue"), of which 5,00,000 equity shares of face value of Rs. 10.00/- each for cash at a price of Rs. 63.00* each aggregating to Rs. 3.15 crores will be reserved for subscription by eligible employees [other than promoter and promoter group] of the issuer (The "Employees Reservation Portion") and 3,28,000 equity shares of face value of Rs. 10.00/- each for cash at a price of Rs. 70.00 each aggregating Rs. 2.29 crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 56,72,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 70.00 per equity share, aggregating to Rs. 39.70 crores is hereinafter referred to as the "Net Issue". The issue and the net issue size will constitute 26.53 % and 25.19 % 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 is 7 times of the face value. Bids cans be made for a minimum of 2000 equity and in multiple of 2000 shares thereafter.

Issue

Opens On

Closes On

14-Dec-2021

16-Dec-2021

Money Payable On

Application

Allotment

70.00

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)

45.15

45.15

24.50

70.00

Fedex Securities Pvt Ltd

Projects
  • Meeting Incremental Working Capital Requirements
  • Repayment and/or Pre-Payment of Unsecured Loan
  • General Corporate Purposes
Promoted By
  • Rajesh Shah
  • Divyam Shah
Listing At
  • NSE - SME
Registrar to the Issue
  • MUFG Intime India Pvt Ltd