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Marshall Machines Ltd
Marshall Machines Ltd
Registered Office : C-86 Phase V,Focal Point,Ludhiana Punjab 141010 Phone : 91-161-5012406/2407/9648
Fax : 91-161-5012408
Email : gaurav.sarup@marshallcnc.com
Website : www.marshallcnc.com
Public issue of 38,70,000 equity shares of face value of Rs. 10/- each fully paid up of Marshall Machines Limited (The "Company" or The "Issuer") for cash at a price of Rs. 42 per equity share (The "Issue Price") (including a share premium of Rs. 32 Per equity share) aggregating Rs. 16.25 crores (The "Issue") by the company, of which 1,98,000 equity shares of face value of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 36,72,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the ônet issueö. The issue and the net issue will constitute 26.60% and 25.24% respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- each. The Fixed issue price is Rs. 42/-. The Fixed issue price is 4.20 times the face value.
Opens On
Closes On
28-Aug-2018
30-Aug-2018
Application
Allotment
42.00
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)
16.25
16.25
14.55
42.00
Sarthi Capital Advisors Pvt Ltd
- Capacity Augmentation
- Upgradation of existing R&D Unit and IOTQ Center
- Establishment of new IOTQ Centers
- Working Capital Requirements
- General corporate purpose
- Gaurav Sarup
- Prashant Sarup
- NSE - SME
- Bigshare Services Pvt Ltd