Arbuda Agrochemicals Ltd - IPO

Arbuda Agrochemicals Ltd IPO Details

Initial public offering of upto 64,00,000 equity shares of face value of Rs.10.00 each (equity shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [*] crores (offer). The offer comprises a fresh offer of up to 55,00,000 equity shares aggregating up to Rs. [*] crores (fresh issue) and an offer for sale of 9,00,000 equity shares (offered shares) aggregating up to Rs. [*] crores, by Mukeshkumar Nathalal Patel and such offer for sale of equity shares by the selling shareholders, the offer for sale). This offer includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores (constituting up to [*]% of the post-offer paid-up equity share capital of the company) for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post- offer paid-up equity share capital of the company, respectively. The face value of the equity shares is Rs.10.00 each. The price band will be decided by the company.

Objective of issue

Expansion of existing insecticide/pesticide manufacturing capacity in Talod by setting up new manufacturing line for production of Aluminum Phosphide products. Funding towards capital expenditure at Talod unit. Funding towards capital expenditure at new unit facility at Vasai. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company. Expenditure to enhance visibility and awareness of our brands. General Corporate Purposes.

Arbuda Agrochemicals Ltd Contact Details

Arbuda Agrochemicals Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - cs@arbudaagrochemicals.com

Website - www.arbudaagrochemicals.com