| Travels & Rentals Ltd |
|
Registered Office:
161 Lenin Sarani,Dharmatala
,
Kolkata
-
700013
,
West Bengal
, India.
Phone :
+91 33 4000 0777 Fax:
Email : cs@travelsandrentals.com
Website : www.travelsandrentals.in
|
Initial public offer of 30,60,000 equity shares of face value of  10/- each ("Equity Shares") of Travels & Rentals Limited (the "Company" or the "Issuer") for cash at a price of 40/- per equity share, including a share premium of 30/- per equity share (the "Issue Price"), aggregating to 12.24 crores ("The Issue"), of which 1,53,000 equity shares of face value of 10/- each for cash at a price of 40/- per equity share, aggregating to 0.61 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 29,07,000 equity shares of face value of 10/- each for cash at a price of 40/- per equity share, aggregating to 11.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.31% and 25.95% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is 10/- each and the issue price is
40/- each i.e., 4.0 times of the face value of the equity shares.
The minimum lot size is 3,000 equity shares
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 29-Aug-24 |
02-Sep-24 |
Rs40.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
10.53 |
| Finshore Management Services Ltd |
|
| Project Financed through Current Offer |
12.24 |
|
| Post Issue Equity Share Capital |
11.20 |
|
| Issue Price |
Rs40.00 |
|
|