Pramara Promotions Ltd IPO |
Registered Office:
A 208 Boomerang Equity Bu.Park,CTS # 4 ETC Chandivali Farm Rd
,
Mumbai
-
400072
,
Maharashtra
, India.
Phone :
7045032201 Fax:
Email : investor@pramara.com
Website : https://pramara.com
|
| Initial public issue* of 24,24,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Pramara Promotions Limited ("The Company" or the "Issuer") for cash at a price of (Rs)63/- per equity share (the "Issue Price"), (including a premium of (Rs)53/- per equity share), aggregating to (Rs)15.27 crores ("The Issue"), of which 1,24,000 equity shares of face value of (Rs)10/- for cash at a price of (Rs)63/- per equity share (the "Issue Price"), (including a premium of (Rs)53/- per equity share), aggregating to (Rs)0.78 crores 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 23,00,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)63/- (the "Issue Price"), (including a premium of (Rs)53/- per equity share), aggregating to (Rs)14.49 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.83% and 25.46% respectively of the post issue paid up equity share capital of the company.
*Subject to finalisation of basis of allotment
The face value of the equity shares is (Rs)10/- each and the issue price is 6.3 times of the face value.
Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 01-Sep-23 |
05-Sep-23 |
(Rs)63.00-0.00 |
(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 |
12.77 |
|
| Project Financed through Current Offer |
15.27 |
|
| Post Issue Equity Share Capital |
9.04 |
|
| Issue Price |
(Rs)63.00 |
|
|