| Paradeep Phosphates Ltd |
|
Registered Office:
5th Flr Orissa State Handloom,Pandit Jawaharlal Nehru Marg
,
Bhubaneswar
-
751001
,
Orissa
, India.
Phone :
91-674-2393931 (10 lines) Fax:91-674-2391669/2392631/2394987
Email : cs.ppl@adventz.com
Website : www.paradeepphosphates.com
|
Initial public offer of 357,555,112* equity shares of face value of  10 each (the "Equity Shares") of Paradeep Phosphates Limited (the "Company" or the "Issuer") for cash at a price of 42 per equity share (including a share premium of 32 per equity share) (the "Offer Price") aggregating to 1501.73 crores comprising a fresh issue of 239,047,619* equity shares aggregating to 1004.00 crores (the "Fresh Issue") and an offer for sale of 118,507,493* equity shares aggregating to 497.73 crores comprising 6,018,493* equity shares aggregating to 25.28 crores by Zuari Maroc Phosphates Private Limited ("Zmppl") and 112,489,000* equity shares aggregating to 472.45 crores by the president of india, acting through the ministry of chemicals and fertilizers, government of india (the "GOI" and together with zmppl, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The face value of the equity shares is 10. The offer price is 4.2 times the face value of the equity shares. The offer shall constitute 43.90%of the post-offer paid up equity share capital of the company.
*Subject to finalization of the basis of allotment
Offer price: 42 per equity share of fac value of 10 each.
The Offer Price is 4.2 times the face value of the equity shares. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 17-May-22 |
19-May-22 |
Rs42.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :350 Further Multiples of :350 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
963.15 |
|
| Project Financed through Current Offer |
1501.73 |
|
| Post Issue Equity Share Capital |
814.50 |
|
| Issue Price |
Rs42.00 |
|
|