IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Panchratan Steels Ltd

Registered Office : No.40/41/42 Ranasan GIDC,Ashram Chokdi Mahudi Rd,Vijaipur Gujarat 384570 Phone : +91 92279 82210
Fax :

Email : info@panchratansteels.com

Website : www.panchratansteels.com

Initial public issue of upto 75,30,000 equity shares of face value of Rs. 10/- each ("equity shares") of Panchratan Steels Limited (the "company" or the "issuer") for cash at a price of Rs. 48/- per equity share, including a share premium of Rs.38/- per equity share (the "issue price"), aggregating to Rs. 36.14 crores ("the issue"), of which 3,78,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 48/- per equity share, aggregating to Rs. 1.81 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 71,52,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 48/- per equity share, aggregating to Rs. 34.33 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 30.41% and 28.88% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is Rs. 48/- each i.e., 4.8 times of the face value of the equity shares. The minimum lot size is 2 (two) lots of 3,000 equity shares each.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

48.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

35.09

36.14

24.76

48.00

Grow House Wealth Management Private Limited

Projects

Funding capital expenditure requirements for expansion of the existing manufacturing facility

Funding of Working Capital Requirements

General corporate purposes

Promoted By

Rameshkumar Shah

Jagdish Amrutlal Shah

Jayesh Babulal Shah

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd