IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Parin Enterprises Ltd

Registered Office : Plot No. 6 Revenue Survey No.,149 NH at Vavdi Gondal Road,Rajkot Gujarat 360004 Phone : 91-281-3300777
Fax : 91-281-3063000

Email : cs@parinfurniture.com

Website : www.parinfurniture.com

Initial public offering of 30,00,000 equity shares of face value of Rs. 10 each (the "equity shares"), at an issue price of Rs. 63 per equity share for cash, aggregating to Rs.18.90 Crores ["public issue"] out of which 1,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 1.01 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. Net issue of 28,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 17.89 Crores is hereinafter referred to as the "net issue". The public issue and net issue constitute 26.98% and 25.54% 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 6.30 times the face value of the equity shares.

Issue

Opens On

Closes On

26-Sep-2018

28-Sep-2018

Money Payable On

Application

Allotment

63.00

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)

18.90

11.12

63.00

Hem Securities Ltd

Projects

Repayment of certain secured borrowing availed by the company

Funding the working capital requirements of the company

General corporate purposes

Promoted By

Umesh Dhirajlal Nandani

Deven Dipesh Nandani

Parin Umeshbhai Nandani

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd