Timescan Logistics (India) Ltd IPO |
Registered Office:
Rajah Annamalai Bldg. 3rd Flr,18/3 Rukmani Laksh. Rd. Egmore
,
Chennai
-
600008
,
Tamil Nadu
, India.
Phone :
91-044-43566000 Fax:
Email : cs@timescan.in
Website : www.timescan.in
|
Initial public offer of 9,44,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Timescan Logistics (India) Limited (The "Company" or the "Issuer") for cash at a price of (Rs)51/- per equity share, including a share premium of (Rs)41/- per equity share (The "Issue Price"), aggregating to (Rs)4.81 crores ("The Issue"), of which 48,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)51/- per equity share, aggregating to (Rs)0.24. crores will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 8,96,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)51/- per equity share, aggregating to (Rs)4.57 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.02% and 25.64% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is (Rs)10/- each and the issue price is
(Rs)51/- each i.e., 5.1 times of the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
|
Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
31-Dec-21 |
04-Jan-22 |
(Rs)51.00-0.00 |
(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 |
4.81 |
Finshore Management Services Ltd |
|
Project Financed through Current Offer |
4.81 |
|
Post Issue Equity Share Capital |
3.49 |
|
Issue Price |
(Rs)51.00 |
|
|