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Pritika Engineering Components Ltd

Registered Office : PNo C-94 Phase-VII SAS Nagar,Industrial Focus Point,Mohali Punjab 160055 Phone : 91-9878723399
Fax :

Email : compliance@pecl@pritikagroup.com

Website : www.pritikaengineering.com

Public issue of 32,48,000 equity shares of face value Rs. 10 each ("Equity Shares") of Pritika Engineering Components Limited (the "Company" or the "Issuer") for cash at a price of Rs. 29 per equity share (including a securities premium of Rs. 19 per equity share) (the "Issue Price"), aggregating upto Rs. 9.42 crores ("Issue") of the issue, 1,64,000 equity shares aggregating to Rs. 0.48 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 30,84,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 29 per equity share aggregating to Rs. 8.94 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.85% and 28.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares uf Rs. 10 each and the issue price is Rs. 29. The issue price is 2.9 times of the face value. Bids can be made for a minimum of 4000 equity shares in multiples of 4000 equity shares thereafter.

Issue

Opens On

Closes On

25-Nov-2022

30-Nov-2022

Money Payable On

Application

Allotment

29.00

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)

7.57

9.42

10.88

29.00

GYR Capital Advisors Pvt Ltd

Projects

Investment in relation to the new unit set up by the wholly owned subsidiary Meeta Castings Ltd (MCL)

General Corporate Purposes

Promoted By

Pritika Auto Industries Ltd

Listing At

NSE - SME

Registrar to the Issue

Satellite Corporate Services