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24 February 2017

IPO Synopsis

Prolife Industries Ltd
Registered Office: 213 GIDC,Panoli , Ankleshwar - 394116 , Gujarat , India.
Phone : 91-2646-272490   Fax:
Email :  info@prolifeindustries.in  
Website :  wwww.prolifeindustries.in
Public issue of 11,10,000 equity shares of face value of (Rs)10 each of Prolife Industries Limited ("PIL" or The "Company" or The "Issuer") for cash at a price of (Rs)38 per equity share including a share premium of (Rs)28 per equity share (the "issue price") aggregating to (Rs)4.22 crores ("The Issue"), of which 60,000 equity shares of face value of (Rs)10 each will for cash at a price of (Rs)38 per equity share including a share premium of (Rs)28 per equity share aggregating to (Rs)0.23 crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net issue of 10,50,000 equity shares of face value of (Rs)10 each at a price of (Rs)38 per equity share aggregating to (Rs)3.99 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 27.11% and 25.65%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is 3.8 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-16 30-Dec-16 (Rs)38.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 5.42
Swastika Investmart Ltd
Project Financed through Current Offer 4.22  
Post Issue Equity Share Capital 4.09  
Issue Price (Rs)38.00  
 
Projects
Expansion of our existing manufacturing operationsGeneral corporate purpose
Promoted By
Manindersingh Jolly  
Anureet Kaur Jolly  
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS