Modi's Navnirman Ltd IPO |
Registered Office:
Shop 5 CTS 947/A Kandivali (W),Rashmi Tara Datta Mandir
,
Mumbai
-
400067
,
Maharashtra
, India.
Phone :
91-98199 89100 Fax:
Email : info@modisnirman.com
Website : www.modisnirman.com
|
| Initial public offer of 12,60,000 equity shares of (Rs)10 each ("Equity Shares") of Modi's Navnirman Limited ("MNL" or the "Company") for cash at a price of (Rs)180 per share (the "Issue Price"), aggregating to (Rs)22.68 crores ("The Issue"), of which 68,000 equity shares of (Rs)10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 11,92,000 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.79% and 28.18%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs)10 and the issue price is 18 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Jun-22 |
28-Jun-22 |
(Rs)180.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :800 Further Multiples of :800 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
22.00 |
| Aryaman Financial Services Ltd |
|
| Project Financed through Current Offer |
22.68 |
|
| Post Issue Equity Share Capital |
4.23 |
|
| Issue Price |
(Rs)180.00 |
|
|