Platinum Industries Ltd IPO |
Registered Office:
Unit No 201 2nd Floor Ackruti,Star MIDC Central Road AnderiE
,
Mumbai
-
400069
,
Maharashtra
, India.
Phone :
Fax:
Email : cs@platinumindustriesltd.com
Website : www.platinumindustriesltd.com
|
| Initial public offer of up to 13,761,225 equity shares of face value of
(Rs)10 each ("Equity Shares") of Platinum Industries Limited ("Company or "Issuer") for cash at a price of (Rs)171 per equity share (including a share premium of (Rs)161 per equity share) ("Issue Price") aggregating up to
(Rs)235.32 crores ("Issue"). The issue shall constitute 25.05% of the fully-diluted post-issue paid-up equity share capital of the company.
The company, in consultation with the brlm, has allotted a pre-ipo placement of 910,700 equity shares by way of a private placement at an issue price of (Rs)157 per equity share (including a premium of (Rs)147 per equity share) for an aggregate consideration of (Rs)14.30 crores. Accordingly, the size of the issue has been reduced by 910,700 equity shares. The investors that have subscribed to the equity shares of the company pursuant to the pre-ipo placement have been informed that there is no guarantee that the issue may come through or the listing may happen and accordingly, the investment was done by the relevant investors solely at their own risk.
The face value of equity shares is (Rs)10 each. The issue price is 17.1 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 27-Feb-24 |
29-Feb-24 |
(Rs)171.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :87 Further Multiples of :87 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
211.83 |
|
| Project Financed through Current Offer |
235.32 |
|
| Post Issue Equity Share Capital |
54.93 |
|
| Issue Price |
(Rs)171.00 |
|
|