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Italian Edibles Ltd

Registered Office : 309/1/1/8 Block No 3 Mangal-,Udhyog Nagar Gram Palda,Indore Madhya Pradesh 452020 Phone : +91 98262 98268
Fax :

Email : italian_edibles@yahoo.com

Website : www.ofcoursegroup.com

Initial public issue of 39,20,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Italian Edibles Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 68/- per equity share (including a share premium of Rs. 58/- per equity share) ("Issue Price") aggregating to Rs. 26.66 crores ("The Issue"), out of which 2,00,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 68/- per equity share, aggregating to Rs. 1.36 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 37,20,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 68/- per equity share aggregating to Rs. 25.30 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.53 % and 25.17 % respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 68.00 is 6.8 times of the face value.

Issue

Opens On

Closes On

02-Feb-2024

07-Feb-2024

Money Payable On

Application

Allotment

68.00

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)

22.36

26.66

14.78

68.00

First Overseas Capital Ltd

Projects

Setting up of the proposed manufacturing unit

Repayment of certain borrowings

To meet incremental working capital requirements

General corporate expenses

Promoted By

Ajay Makhija

Akshay Makhija

Listing At

NSE - SME

Registrar to the Issue

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