IPO

Propshop Events and Exhibitions Ltd

Registered Office : 18E AC Shed Plot No.837 TPS 3,Mori Rd Mahim West Mahim,Mumbai Maharashtra 400016 Phone : +91 022 2444 0237
Fax :

Email : secretarialcompliance@thepropshop.co.in

Website : www.thepropshopindia.com

Initial public offering of up to 41,40,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Propshop Events And Exhibitions Limited ("Company" or the "Issuer") for cash at a price of Rs. 65-69 per equity share (Including a Share Premium Of Rs. 55-59 Per Equity Share) ("Offer Price") aggregating up to Rs. 26.91-28.57 Crores comprising a fresh issue of up to 33,40,000 equity shares aggregating up to Rs. 21.71-23.05 Crores by the company ("Fresh Issue") and an offer for sale of up to 8,00,000 equity shares aggregating up to Rs. 5.2-5.52 Crores (the "Offered Shares") comprising up to 5,00,000 equity shares by Prathamesh Shantaram Pusalkar aggregating up to Rs. 3.25-3.45 Crores and up to 3,00,000 equity shares by Aarti Prathamesh Pusalkar aggregating up to Rs. 1.95-2.07 Crores (the "Selling Shareholders" and such offer, the "Offer for Sale") (the "Offer For Sale" and together with the fresh issue,the "Offer") of which 2,16,000 equity shares aggregating to Rs. 1.40-1.49 Crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. Net offer 39,24,000 equity shares of face value of Rs. 10/- each at price of Rs. 65-69 per equity share aggregating to Rs. 25.51-27.08 Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 28.30% and 26.82% respectively of the fullydiluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. Price Band: Rs. 65/- to Rs. 69/- per equity share of face value of Rs. 10/- each. The floor price 6.5 times of the face value and the cap price is 6.9 times of the face value. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.