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Innovative Tyres & Tubes Ltd

Registered Office : 1201 1202 1203 GIDC Halol,,panchmahal Gujarat 389350 Phone : 91-267-6220621
Fax :

Email : investors@innovativetyres.co.in

Website : www.innovativetyres.com

Initial public offer consisting of fresh issue of 62,97,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 45 per equity share (the "issue price") (including a share premium of Rs. 35 per equity share) aggregating Rs. 28.34 crores (the "issue"), of which 3,27,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 1.47 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion") and 8,70,000 equity shares of Rs. 10/- each for cash at price of Rs. 45 per equity share aggregating Rs. 3.92 crores will be reserved for subscription by eligible employees (the "employees reservation portion"). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 51,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 22.95 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 35% and 28.35% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- each. The issue price is Rs.45/- and is 4.5 times the face value of the equity shares.

Issue

Opens On

Closes On

22-Sep-2017

26-Sep-2017

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

28.34

17.99

45.00

Pantomath Capital Advisors Pvt Ltd

Projects

Expansion of existing facility

General corporate purposes

Promoted By

Mukesh Desai

Pradeep Kothari

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd