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Turtle Infratrade Ltd
Turtle Infratrade Ltd
Registered Office : Metropolitan Condominium Plot.,27 2nd Flr Sr.#.21 Hissa 4/1,Pune Maharashtra 411005 Phone : +91 20 2581 4181
Fax :
Email : info@turtleinfra.com
Website : www.turtleinfra.com
Public issue of 27,00,000 equity shares of face value of Rs. 10.00 each of Turtle Infratrade Limited ("the Company" or "the Issuer") for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) ("issue price") aggregating to Rs. 10.80 crores (the issue). Of the issue, 1,38,000 equity shares aggregating to Rs. 0.55 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 25,62,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 40.00 per equity share aggregating to Rs. 10.25 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.42 % and 25.07 %, 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. 40.00 is 4.00 times of the face value.
Opens On
Closes On
01-Jan-1970
01-Jan-1970
Application
Allotment
40.00
0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
9.35
10.80
10.22
40.00
Inventure Merchant Banker Services Pvt Ltd
- Acquisition of Transport Trucks
- Augmenting additional working capital requirements
- General corporate purposes
- Mahesh S. Deshmukh
- Aboli Mahesh Deshmukh
- BSE - SME
- Bigshare Services Pvt Ltd