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Fine Refiners Ltd
Fine Refiners Ltd
Registered Office : No.105 1st Flr Aangi Arcade -,Jawahar Ground Atabhai Road,Bhavnagar Gujarat 364001 Phone : 0278 2221193
Fax :
Email : info@finerefiners.com
Website : www.finerefiners.com
Initial public offer of upto 71,84,000 equity shares of face value of Rs. 10/- each of Fine Refiners Limited ("FRL" or the "company" or the "offer or ") at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating upto Rs. [*] crores ("public offer") comprising of a fresh issue upto 57,49,000 equity shares aggregating to Rs. [*]/- crores (the "fresh issue") and an offer for sale of upto 14,35,000 equity shares by Narjis A Vasaya ("the promoter selling shareholder"), aggregating upto 14,35,000 equity shares by the promoter selling shareholder ("offer for sale") aggregating upto Rs. [*]/- crores, out of which [*] equity shares of face value of Rs. 10/- each at an offer price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less the market maker reservation portion i.e. net offer of [*] equity shares of face value of Rs. 10/- each at an offer price of Rs. [*]/- per equity share including a share premium of Rs.[*]/- per equity share aggregating to Rs. [*] crores is Herein after referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]%, respectively, of the post offer paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.
Opens On
Closes On
01-Jan-1970
01-Jan-1970
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Fintellectual Corporate Advisors Private Limited
- Capital Expenditure towards setting up an advanced recycling and re-refining plant for waste and used lubricating oils
- Funding the working capital requirement of the Company.
- General corporate purposes
- Vasaya Amin Rajahusenbhai
- Narjis A Vasaya
- Vasaya Alimizan Aminbhai
- BSE - SME
- MUFG Intime India Pvt Ltd