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De Neers Tools Ltd

Registered Office : P.No.468 Ground Floor,Industrial Area Patparganj,Delhi Delhi 110092 Phone : 91-011-47072555
Fax :

Email : compliance@deneerstools.com

Website : www.deneerstools.com

Initial public issue of 22,76,400 equity shares of face value of Rs. 10 each ("Equity Shares") of De Neers Tools Limited (the "Company" or the "Issuer") for cash at a price of Rs. 101 per equity (the "Issue Price") aggregating to Rs. 22.99 crores ("The Issue") comprising of a fresh issue of 22,76,400 equity shares aggregating to Rs. 22.99 crores (the "Fresh Issue") of which 1,15,200 equity shares aggregating to Rs. 1.16 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 21,61,200 equity shares aggregating to Rs. 21.82 crores (the "Net Issue"). The issue and the net issue will constitute 26.45% and 25.11% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 101.00 per equity share of face value of Rs. 10/- each and the issue price is 10.1 times of the face value at the lower price band and the upper price band respectively. Bid can be made for minimum of 1,200 equity shares and the multiples of 1,200 equity shares thereafter.

Issue

Opens On

Closes On

28-Apr-2023

03-May-2023

Money Payable On

Application

Allotment

101.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

22.49

22.99

8.61

101.00

Khambatta Securities Ltd

Share India Capital Services Pvt Ltd

Projects

Working capital requirements including margin money

General corporate purposes

Promoted By

Neeraj Kumar Aggarwal

Shilpy Aggarwal

Kanav Gupta

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd