Madhusudan Masala Ltd IPO |
Registered Office:
F P No 19 Plot # 1 B Hapa Road,Jamnagar
,
Gujarat
-
361001
,
Gujarat
, India.
Phone :
0288-2572002 Fax:
Email : info@madhusudanmasala.com
Website : www.madhusudanmasala.com
|
| Initial public offer of upto 34,00,000 equity shares of face value of
(Rs)10/- each (the "Equity Shares") of Madhusudan Masala Limited ("The Company" or "Madhusudan" or "The Issuer") at an issue price of (Rs)70 per equity share for cash, aggregating up to (Rs)23.80 crores ("Public Issue") out of which 1,72,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)70 per equity share for cash, aggregating (Rs)1.20 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 32,28,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)70 per equity share for cash, aggregating upto (Rs)22.60 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.36% and 25.02 % respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity share is (Rs)10 and issue price is (Rs)70 the issue price is 7 times of the face value of the equity share. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 18-Sep-23 |
21-Sep-23 |
(Rs)70.00-0.00 |
(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 |
21.26 |
|
| Project Financed through Current Offer |
23.80 |
|
| Post Issue Equity Share Capital |
12.90 |
|
| Issue Price |
(Rs)70.00 |
|
|