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Narmada Agrobase Ltd

Narmada Agrobase Ltd

    Registered Office : 613/P-1 IJ Pura (Jethaji),Dhanpura Road Tal Jotana,Mehesana Gujarat 384421 Phone : 91-79-4037 0886
    Fax :

    Email : cs@narmadaagrobase.com

    Website : www.narmadaagrobase.com

Initial public issue of 23,40,000 equity shares of face value of Rs. 10 each ("equity shares") of Narmada Agrobase Limited ("the Company" or "issuer") for cash at a price of Rs. 32.00 per equity share (including a share premium of Rs. 22.00 per equity share) ("issue price") aggregating to Rs. 7.49 Crores ("issue") of which 1,24,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 32.00 per equity share, aggregating to Rs. 0.40 Crores will be reserved for subscription by market maker ("market maker Reservation portion"). The issue less the market maker reservation portion i.e. Issue of 22,16,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 32.00 per equity share aggregating to Rs. 7.09 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 31.09% and 29.44%, 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 is Rs. 32.00. The issue price is 3.2 times of the face value.

Issue

Opens On

Closes On

28-Mar-2018

11-Apr-2018

Money Payable On

Application

Allotment

32.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

7.49

7.49

7.53

32.00

Corporate Capital Ventures Pvt Ltd

Projects
  • To meet working capital requirement
  • General corporate expenses
Promoted By
  • Neerajkr. SureshchandraAgrawal
  • Suresh Chandra Gupta
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd