| Lead Reclaim and Rubber Products Ltd |
|
Registered Office:
A/8 Sunvilla Complex BypassRod,Nr. Chines Hut Hotel Dahej
,
Bharuch
-
392001
,
Gujarat
, India.
Phone :
91-73590 10333 Fax:
Email : info@leadrubber.com
Website : www.leadreclaim.com
|
Initial public issue of 19,50,000* equity shares of face value of  10/- each ("Equity Shares") of Lead Reclaim and Rubber Products Limited ("The Company" or the "Issuer") for cash at a price of 25 per equity share (the "Issue Price"), (including a premium of 15 per equity share), aggregating 4.88 crores ("The Issue"), of which 1,02,000 equity shares of face value of 10/- for cash at a price of 25 each aggregating
0.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,48,000 equity shares of face value of
10 each for cash at a price of 25 per equity share, aggregating to
4.62 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.56 % and 25.17 % respectively of the post issue paid up equity share capital of the company
*Subject to finalisation of basis of allotment
The face value of the equity shares is 10/- each and the issue price is 2.5 times of the face value.
Bids can be made for a minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 09-Feb-23 |
13-Feb-23 |
Rs25.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :6000 Further Multiples of :6000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
4.28 |
|
| Project Financed through Current Offer |
4.88 |
|
| Post Issue Equity Share Capital |
7.34 |
|
| Issue Price |
Rs25.00 |
|
|