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Crop Life Science Ltd

Registered Office : 209 Primate Near Judges-,Bunglow Cross Road Bodakdev,Ahmedabad Gujarat 380015 Phone : 079-40373967
Fax :

Email : cs@croplifescience.com

Website : www.croplifescience.com

Initial public issue of 51,40,000 equity shares of face value of Rs. 10/- each of Crop Life Science Limited ("CLSL" or the "Company" or the "Issuer") for cash at a price of Rs. 52 per equity share including a share premium of Rs. 42 per equity share (the "Issue Price") aggregating to Rs. 26.73 crores ("The Issue"), of which 2,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 52 per equity share including a share premium of Rs. 42 per equity share aggregating to Rs. 1.35 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 48,80,000 equity shares of face value of Rs.10/- each at a price of Rs. 52 per equity share aggregating to Rs. 25.38 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.99% and 28.47% 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 5.2 times of the face value.

Issue

Opens On

Closes On

18-Aug-2023

22-Aug-2023

Money Payable On

Application

Allotment

52.00

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)

26.20

26.73

17.14

52.00

Interactive Financial Services Ltd

Projects

Repayment of unsecured Loan

Long Term Working Capital Requirement

General Corporate Purposes

Promoted By

Rajesh Lunagariya

Ashvinkumar Lunagaria

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (India) Pvt