Durlax Top Surface Ltd IPO |
Registered Office:
301 Jaisingh Commonspace Dayal,Das.Rd FP362 WE H.W Vile Parle
,
Mumbai
-
400057
,
Maharashtra
, India.
Phone :
+91-75067 99831 Fax:
Email : cs@durlaxindia.com
Website : www.durlax.com
|
| Initial public offer of 60,00,000** equity shares of face value of (Rs)10/- each ("Equity Shares") of Durlax Top Surface Limited ("Company") for cash at a price of (Rs)68/- per equity share (including a share premium of (Rs)58/- per equity share) ("Offer Price") aggregating to (Rs)40.80.** crores comprising a fresh issue of 42,00,000** equity shares aggregating to
(Rs)28.56** crores by the company ("Fresh Issue") and an offer for sale of 18,00,000** equity shares aggregating to (Rs)12.24** crores by the promoter selling shareholder, (the "Offered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,00,000** equity shares aggregating to (Rs)2.04** crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 57,00,000** equity shares of face value of (Rs)10/- each at price of (Rs)68/- per equity share aggregating to (Rs)38.76** crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 36.08% and 34.28% respectively of the fully-diluted post-offer paid-up equity share capital of the company.
The face value of equity shares is (Rs)10/- each. The offer price is 6.8 times the face value of the equity shares.
**Subject to finalization of the basis of allotment.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 19-Jun-24 |
21-Jun-24 |
(Rs)68.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
23.50 |
| Expert Global Consultants Pvt Ltd |
|
| Project Financed through Current Offer |
40.80 |
|
| Post Issue Equity Share Capital |
16.63 |
|
| Issue Price |
(Rs)68.00 |
|
|