| Marinetrans India Ltd |
|
Registered Office:
801/802 8th flr Vindhya Commer,-cial Complex # 1 Sect 11 CBD
,
Thane
-
400614
,
Maharashtra
, India.
Phone :
+91-7777045320 Fax:
Email : compliance@marinetrans.in
Website : NA
|
Initial public issue of up to 42,00,000 equity shares of face value of
 10.00/- each ("Equity Shares") of Marinetrans India Limited for cash at a price of 26.00/-per equity share (including a premium of 16.00/- per equity share) ("Issue Price") aggregating up to 10.92 crores ("The Issue") of which 2,16,000 equity shares aggregating to 0.56 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 39,84,000 equity shares at an offer price of 26.00/- per equity share aggregating to 10.36 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 33% and 31.31%, respectively of the post-issue paid up equity share capital of the company.
The face value of the equity shares is 10.00 each and the issue price of 26.00 is 2.6 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 30-Nov-23 |
05-Dec-23 |
Rs26.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
10.33 |
| Swaraj Shares & Securities Pvt Ltd |
|
| Project Financed through Current Offer |
10.92 |
|
| Post Issue Equity Share Capital |
12.72 |
|
| Issue Price |
Rs26.00 |
|
|