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Vishnu Prakash R Punglia Ltd

Vishnu Prakash R Punglia Ltd

    Registered Office : Unit #3 5th Flr B-Wing Trade,Star Prms.Coop.Soc. Andheri(E),Mumbai Maharashtra 400059 Phone : +91 22 40164020
    Fax :

    Email : compliance@vprp.co.in

    Website : www.vprp.co.in

Initial public offering of 31,200,000* equity shares of face value of Rs. 10 each ("Equity Shares") of Vishnu Prakash R Punglia Limited ("The Company" or the "Company") for cash at a price of Rs. 99 per equity share (including a premium of Rs. 89 per equity share) ("Issue Price") aggregating to Rs.308.61* crores ("The Issue"). This issue includes a reservation of 300,000* equity shares aggregating to Rs. 2.70* crores (constituting 0.24% of the post-issue paid-up equity share capital of the company for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, offered a discount of 9.09% (equivalent of Rs. 9 per equity share) of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 25.03% and 24.79%, respectively of the post-issue paid-up equity share capital of the company. *Subject to the finalisation of the allotment

Issue

Opens On

Closes On

24-Aug-2023

28-Aug-2023

Money Payable On

Application

Allotment

99.00

0.00

Minimum Application for shares in Nos : 150.0 Further Multiples of : 150.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

279.63

308.61

124.64

99.00

Choice Capital Advisors Pvt Ltd

Pantomath Capital Advisors Pvt Ltd

Projects
  • Funding capital expenditure requirements for the purchase of equipment/machineries
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • Vishnu Prakash Punglia
  • Manohar lal Punglia
  • Sanjay Kumar Punglia
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd