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Presstonic Engineering Ltd

Registered Office : Sy # 2 Khatha # 145 Hoysala -,Main Road Pillappa Ind.Layout,Bangalore Karnataka 560091 Phone : +91 80 2348 0001
Fax :

Email : cs@presstonengg.co

Website : www.presstonic.com

Initial public offer of 32,36,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Presstonic Engineering Limited (the "Company" or the "Issuer") for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the "Issue Price"), aggregating to Rs. 23.31 crores ("The Issue"), of which 1,63,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 1.18 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 30,73,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 22.13 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 42.00% and 39.88% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. The minimum lot size is 1,600 equity shares

Issue

Opens On

Closes On

11-Dec-2023

13-Dec-2023

Money Payable On

Application

Allotment

72.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

20.06

23.31

7.71

72.00

Finshore Management Services Ltd

Projects

Funding capital expenditure towards purchase of additional plant and machinery

Prepayment in full of certain borrowings availed by the company

Working capital requirements

General corporate purposes

Promoted By

Herga Poornachandra Kedilaya

Yermal Giridhar Rao

Listing At

NSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd