Dollex Agrotech Ltd IPO |
Registered Office:
205 Naroli Arcade 19/1,Manorama Ganj Palasia Square
,
Indore
-
452001
,
Madhya Pradesh
, India.
Phone :
91-731-2495505 Fax:
Email : info@dollex.in
Website : www.dollex.in
|
Initial public offering of up to 69,68,000 equity shares of (Rs)10/- each ("Equity Shares") of Dollex Agrotech Limited ("DAL" or the "Company") for cash at a price of (Rs)35.00/- per equity share (the "Issue Price"), aggregating to (Rs)24.39 crores ("The Offer"), comprising a fresh issue of up to 49,68,000 equity shares aggregating to (Rs)17.39 croress by the company ("Fresh Issue") and an offer for sale of up to 20,00,000 equity shares by Marium Leasing & Investment Private Limited ("The Promoter Group Selling Shareholders" or "The selling shareholder") aggregating to
(Rs)7.00 crores ("Offer for Sale"). Out of the offer, 3,52,000 equity shares aggregating to (Rs)1.23 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 66,16,000 equity shares of face value of (Rs)10.00/- each at an issue price of (Rs)35.00/- per equity share aggregating to (Rs)23.16 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.91% and 26.50%, 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 of (Rs)35/- is 3.5 times of the face value.
Bids can be made for a minimum of 4000 equity shares and in multiples of 4000 equity shares thereafter. |
Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
15-Dec-22 |
20-Dec-22 |
(Rs)35.00-0.00 |
(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 |
15.30 |
Expert Global Consultants Pvt Ltd |
|
Project Financed through Current Offer |
24.39 |
|
Post Issue Equity Share Capital |
24.97 |
|
Issue Price |
(Rs)35.00 |
|
|