R K Swamy Ltd IPO |
Registered Office:
# 19 Wheatcrofts Road,Nungambakkam
,
Chennai
-
600034
,
Tamil Nadu
, India.
Phone :
+91 22 4057 6499 Fax:
Email : secretarial@rkswamy.com
Website : www.rkswamy.com
|
| Initial public offering of 14,733,883 equity shares* of face value of Re. 5 each ("Equity Shares") of R K Swamy Limited ("Company" or the "Issuer") for cash at a price of (Rs)288.00^* per equity share (including a share premium of (Rs)283.00 per equity share) (the "Offer Price") aggregating (Rs)423.56 crores* (the "Offer"), comprising a fresh issue of 6,033,883 equity shares* aggregating (Rs)173.00 crores* ("Fresh Issue") and an offer for sale of 8,700,000 equity shares* (the "Offered Shares") aggregating (Rs)250.56 crores* (the "Offer for Sale" and together with the fresh issue, the "Offer"), comprising 1,788,093 equity shares* by Srinivasan K Swamy aggregating (Rs)51.50 crores*, 1,788,093 equity shares* by Narasimhan Krishnaswamy aggregating (Rs)51.50 crores*, 4,445,714 equity shares* by Evanston Pioneer Fund l.p. aggregating (Rs)128.04 crores* and 678,100 equity shares* by Prem Marketing Ventures llp aggregating (Rs)19.53 crores* (collectively, the ôselling shareholdersö).
The offer included a reservation of 287,356 equity shares*, aggregating
(Rs)7.5 crores^^* (constituting 0.57 % of the post offer paid-up equity share capital of the company, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 29.18% and 28.61%, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead managers ("brlms"), offered a discount of 9.38% (equivalent of (Rs)27 per equity share) on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
*Subject to finalization of basis of allotment.
^A Discount of (Rs)27 per equity share was offered to eligible employees bidding in the employee reservation portion
^^After employee discount
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 04-Mar-24 |
06-Mar-24 |
(Rs)288.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :50 Further Multiples of :50 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
156.33 |
|
| Project Financed through Current Offer |
423.56 |
|
| Post Issue Equity Share Capital |
25.25 |
|
| Issue Price |
(Rs)288.00 |
|
|