Dharmaj Crop Guard Ltd IPO |
Registered Office:
Plot No 408 to 411 Off NH-8,Kerala GIDC Estate Bavla Taluk
,
Ahmedabad
-
382220
,
Gujarat
, India.
Phone :
91-79-29603735 Fax:
Email : cs@dharmajcrop.com
Website : www.dharmajcrop.com
|
| Initial public offering of 10,596,924^ equity shares of face value of (Rs)10 each ("Equity Shares") of the company for cash at a price of (Rs)237 per equity share, including a premium of (Rs)227 per equity share, (the "Offer Price"), aggregating to (Rs)251.09 crores^, comprising of a fresh issue of to 9,113,924^ equity shares aggregating to (Rs)215.95 crores^ by the company ("Fresh Issue") and an offer for sale of 709,500^ equity shares by Manjulaben Rameshbhai Talavia, 656,000^ equity shares by Muktaben Jamankumar Talavia, 87,500^ equity shares by Domadia Artiben and 30,000^ equity shares by Ilaben Jagdishbhai Savaliya (collectively, the "Selling Shareholders"), aggregating to 1,483,000^ equity shares ("Offered Shares") aggregating to (Rs)35.15 crores^ (the "Offer for Sale" and together with the fresh issue, the"Offer"). The offer includes a reservation of to 55,000^ equity shares aggregating to (Rs)1.25 crores^ for subscription by eligible employees
(constituting 0.16% of the post-offer equity share capital of the company) (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 31.35% and 31.19%, respectively, of the post-offer paid-up equity share capital of the company.
^Subject to finalisation of the basis of allotment
The face value of equity shares is (Rs)10 each. The offer price is 23.70 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 28-Nov-22 |
30-Nov-22 |
(Rs)237.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :60 Further Multiples of :60 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
201.44 |
| Elara Capital (India) Pvt Ltd |
|
| Project Financed through Current Offer |
251.09 |
|
| Post Issue Equity Share Capital |
33.80 |
|
| Issue Price |
(Rs)237.00 |
|
|