Durgadevi Raiment Ltd IPO |
Registered Office:
A5 Calcutta Land Premises #.E3,509/New Shibrampur PS-Maheshta
,
Kolkata
-
700141
,
West Bengal
, India.
Phone :
+91 33 +91 7596 894111 Fax:
Email : info@ddrl.in
Website : www.ddrl.in
|
| Initial public offering of up to 30,00,000 equity shares of face value of (Rs)10 each ("equity shares") of Durgadevi Raiment Limited ("ddrl" or the "Company") for cash at a price of (Rs)40.00 per equity share (the "offer price"), aggregating to (Rs)12.00 crores ("the offer"), comprising a fresh issue of up to 15,00,000 equity shares of face value of (Rs)10 each aggregating to (Rs)6.00 crores by the Company ("fresh issue") and an offer for sale of up to 15,00,000 equity shares of face value of (Rs)10 each by selling shareholders Ajay Kumar Saraogi and Sarad Kumar Jajodia ("the selling shareholder") aggregating to (Rs)6.00 crores ("offer for sale"). of the offer, 1,50,000 equity shares of face value of (Rs)10 each aggregating to (Rs)0.6 crores will be reserved for subscription by market maker ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of 28,50,000 equity shares of face value of (Rs)10.00 each at an offer price of (Rs)40.00 per equity share aggregating to (Rs)11.40 crores is hereinafter referred to as the "net offer". the offer and the net offer will constitute 38.76% and 36.82%, respectively of the post offer paid up equity share capital of the Company.
The face value of the equity shares is (Rs)10.00 each and the offer price of (Rs)40.00 is 4.00 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| NA |
NA |
(Rs)40.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
5.25 |
| Innventure Merchant Banker Services Pvt Ltd |
|
| Project Financed through Current Offer |
12.00 |
|
| Post Issue Equity Share Capital |
7.74 |
|
| Issue Price |
(Rs)40.00 |
|
|