| Megastar Foods Ltd |
|
Registered Office:
Plot No 807 Industrial Area,Phase-II
,
Chandigarh
-
160102
,
Chandigarh
, India.
Phone :
91-1881-240401 Fax:
Email : info@megastarfoods.com
Website : www.megastarfoods.com
|
Initial public issue of 26,80,000 equity shares of face value of  10 each ("equity shares") of Megastar Foods Limited ("the company" or "issuer") for cash at a price of 30.00 per equity share (including a share premium of 20.00 per equity share) ("issue price") aggregating to 8.04 crores ("issue") of which 1,36,000 equity shares of face value of 10.00 each for a cash price of 30.00 per equity share, aggregating to 0.41 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 25,44,000 equity shares of face value of 10.00 each at an issue price of 30.00 per equity share aggregating to 7.63 crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 27.06% and 25.69%, respectively of the post issue paid up equity share capital of the company.
The face value of the quity shares is 10.00 each and the issue price is 30.00. The issue price is 3.00 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 14-May-18 |
16-May-18 |
Rs30.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
8.04 |
|
| Project Financed through Current Offer |
8.04 |
|
| Post Issue Equity Share Capital |
9.90 |
|
| Issue Price |
Rs30.00 |
|
|