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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.
Opens On
Closes On
13-Mar-2018
15-Mar-2018
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
- Repayment of certain secured borrowings availed by the company
- Purchase of Capital equipment
- To meet working capital requirement
- General corporate purposes
- Vinay Kumar
- Ajay Kumar
- NSE - SME
- Sharex Dynamic (India) Pvt Ltd