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Clara Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Clara Industries Ltd IPO

Registered Office: 127/1 Gram Simbhalka Junardar,Paragna Tehsil , Saharanpur - 247001 , Uttar Pradesh , India.
Phone : 91-81718 84399   Fax:
Email :  info@clara.co.in  
Website :  www.clara.co.in
Public issue of 7,02,000 equity shares of face value of (Rs)10.00 each ("Equity Shares") of Clara Industries Limited (The "Company" or the "Issuer") for cash at a price of (Rs)43.00 per equity share including a share premium of (Rs)33.00 per equity share (The "Issue Price") aggregating upto (Rs)3.02 crores ("The Issue") of which 36,000 equity shares of face value of (Rs)10.00 each for cash at a price of (Rs)43.00 per equity share including a share premium of (Rs)33.00 per equity share aggregating to (Rs)0.15 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 6,66,000 equity shares of face value of (Rs)10.00 each at a price of (Rs)43.00 per equity share including a share premium of (Rs)33.00 per equity share aggregating to (Rs)2.86 crores (The "Net Issue"). The issue and the net issue will constitute 28.30% and 26.84 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10.00 and the issue price is 4.3 times of the face value of the equity shares. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Dec-21 21-Dec-21 (Rs)43.00-0.00 (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 3.02
Gretex Corporate Services Ltd
Project Financed through Current Offer 3.02  
Post Issue Equity Share Capital 2.48  
Issue Price (Rs)43.00  
 
Projects
Funding of Working Capital Requirments of the CompanyGeneral Corporate Purposes
Promoted By
Parry Kukreja  
Nikhil Kukreja  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd