Canarys Automations Ltd IPO |
Registered Office:
# 566&567 2nd Flr 30th Main Rd,Attimabbe Rd Banasha.3rd Stage
,
Bengaluru
-
560085
,
Karnataka
, India.
Phone :
+91-98458 62780 Fax:
Email : nagashree.hegde@ecanarys.com
Website : http://www.ecanarys.com
|
| Initial public offer of 1,51,72,000 equity shares of face value of Re. 2/- each (the "Equity Shares") of Canarys Automations Limited ("The Company" or "Canarys" or "The Issuer") at an issue price of (Rs)31/- per equity share for cash, aggregating to (Rs)47.03 crores ("Public Issue") out of which 7,60,000 equity shares of face value of (Rs)2/- each, at an issue price of
(Rs)31/- per equity share for cash, aggregating (Rs)2.36 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 1,44,12,000 equity shares of face value of (Rs)2/- each, at an issue price of (Rs)31/- per equity share for cash, aggregating
(Rs)44.67 crores is herein after referred to as the "Net Issue". The public issue and net issue shall constitute 27 % and 25.65 % respectively of the post-issue paid-up equity share capital of the company.
The face value of equity shares is (Rs)2 each. the issue price is (Rs)31 per equity share which is 15.5 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 27-Sep-23 |
03-Oct-23 |
(Rs)31.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
41.03 |
| Indorient Financial Services Ltd |
|
| Project Financed through Current Offer |
47.03 |
|
| Post Issue Equity Share Capital |
11.24 |
|
| Issue Price |
(Rs)31.00 |
|
|