| Technichem Organics Ltd |
|
Registered Office:
5th Floor Malak Complex,Navarangapura
,
Ahmedabad
-
380009
,
Gujarat
, India.
Phone :
+91-79-2754 3722 Fax:
Email : investors@technichemorganics.com
Website : www.technichemorganics.com
|
Initial public offer of upto 45,90,000 equity shares of face value of
 10/- each (the "Equity Shares") of Technichem Organics Limited ("The Company" or "Technichem" or "The Issuer") for cash at a price of 55 per equity share including a share premium of 45 per equity share (the "Issue Price") aggregating to 25.25 crores ("The Issue"), of which upto 2,52,000 equity shares of face value of 10/- each for cash at a price of
55 per equity share including a share premium of 44 per equity share aggregating to 1.39 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 43,38,000 equity shares of face value of 10/- each at a price of 55 per equity share including a share premium of 44 per equity share aggregating to 23.86 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50 % and 25.04 % respectively of the post issue paid up equity share capital of the company.
Issue price 55 per equity share of face value 10 each. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 31-Dec-24 |
02-Jan-25 |
Rs55.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
22.53 |
|
| Project Financed through Current Offer |
25.25 |
|
| Post Issue Equity Share Capital |
17.32 |
|
| Issue Price |
Rs55.00 |
|
|