| Raw Edge Industrial Solutions Ltd |
|
Registered Office:
A-9 B-1/04-05 Grd Flr B-Wing,Bommerang Andheri East
,
Mumbai
-
400072
,
Maharashtra
, India.
Phone :
91-9724326805 Fax:
Email : info@rawedge.in
Website : www.rawedge.in
|
Initial public offer of 22,91,200 equity shares of face value of  10 each ("equity shares") of Raw Edge Industrial Solutions Limited ("Company" or "Issuer") for cash at a price of 72 per equity share (including a share premium of 62 per equity share) ("Issue Price") aggregating to 16.50 crores ("Issue") consisting of a fresh issue of 16,81,200 equity shares of face value of 10 each ("equity shares") for cash at a price of 72 per equity share aggregating to 12.10 crores ("Issue") and an offer for sale of 6,10,000 equity shares aggregating to 4.39 crores (the "offer for sale"), comprising of 2,00,000 equity shares by Mr. Bimal Bansal, 2,00,000 equity shares by Mrs. Shweta Bansal and 2,10,000 equity shares by Mrs. Bala Bansal ("Collectively referred as selling shareholders and promoters and promoter group") of which 1,15,200 equity shares of face value of 10.00 each for a cash price of 72 per equity share, aggregating to 0.83 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 21,76,000 equity shares of face value of 10.00 each at an issue price of 72 per equity share aggregating to 15.67 crores (the "net issue"). The issue and the net issue will constitute 27.33% and 25.96%, respectively of the post issue paid up equity share capital of the company.
The Face value of the equity shares is 10 each and the issue price is 72 each. The Issue Price is 7.2 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 05-Jul-18 |
10-Jul-18 |
Rs72.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
15.65 |
| Guiness Corporate Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
16.50 |
|
| Post Issue Equity Share Capital |
8.38 |
|
| Issue Price |
Rs72.00 |
|
|