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Tara Chand Infralogistic Solutions Ltd

Tara Chand Infralogistic Solutions Ltd

    Registered Office : 342 Industrial Area Phase-I,,Chandigarh Chandigarh 160002 Phone : 91-172-2650380
    Fax :

    Email : info@tarachandindia.in

    Website : www.tarachandindia.in

Public issue of 37,20,000 equity shares of face value of Rs. 10 each ("equity shares") of Tara Chand Logistic Solutions Limited ("company" or "issuer") for cash at a price of Rs. 55 per equity share (including a share premium of Rs.45 per equity share) aggregating to Rs. 20.46 Crores. The issue comprises of 1,92,000 equity shares of face value Rs.. 10 each for cash at a price of Rs.55 per equity share, aggregating to Rs.1.06 Crores which 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 upto 35,28,000 equity shares of face value of Rs..10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 19.40 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.26% and 25.86% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 55 is 5.5 times of the face value.

Issue

Opens On

Closes On

13-Mar-2018

15-Mar-2018

Money Payable On

Application

Allotment

55.00

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)

20.46

20.46

13.65

55.00

Hem Securities Ltd

Projects
  • Repayment of certain secured borrowings availed by the company
  • Purchase of Capital equipment
  • To meet working capital requirement
  • General corporate purposes
Promoted By
  • Vinay Kumar
  • Ajay Kumar
Listing At
  • NSE - SME
Registrar to the Issue
  • Sharex Dynamic (India) Pvt Ltd