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Pramara Promotions Ltd

Pramara Promotions Ltd

    Registered Office : A 208 Boomerang Equity Bu.Park,CTS # 4 ETC Chandivali Farm Rd,Mumbai Maharashtra 400072 Phone : 7045032201
    Fax :

    Email : investor@pramara.com

    Website : https://pramara.com

Initial public issue* of 24,24,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Pramara Promotions Limited ("The Company" or the "Issuer") for cash at a price of Rs. 63/- per equity share (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 15.27 crores ("The Issue"), of which 1,24,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 63/- per equity share (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 0.78 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 23,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 14.49 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.83% and 25.46% respectively of the post issue paid up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 6.3 times of the face value. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue

Opens On

Closes On

01-Sep-2023

05-Sep-2023

Money Payable On

Application

Allotment

63.00

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)

12.77

15.27

9.04

63.00

Fedex Securities Pvt Ltd

Projects
  • Funding its working capital requiremens
  • General corporate purposes
Promoted By
  • Rohit Lamba
  • Sheetal Lamba
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd