Autofurnish Ltd - IPO

Autofurnish Ltd IPO Details

Initial public offering of up to 35,61,000 equity shares of face value Rs. 10/- each (Equity Shares) of Autofurnish Limited (the Company) for cash at a price of Rs. 41/- per equity share including a share premium of Rs. 31/- per equity share (the Issue Price) aggregating to Rs. 14.60 Crore (The Issue) of which upto 1,80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 41/- per equity share including a share premium of Rs. 31/- per equity share aggregating to Rs. 0.74 Crore 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 33,81,000 equity shares of face value of Rs. 10/- each at a price of Rs. 41/- per equity share including a share premium of Rs. 31/- per equity share aggregating to Rs. 13.86 Crore (the Net Issue). The issue and the net issue will constitute upto 26.34% and 25.02% respectively of the post issue paid up equity share capital of the company.Fixed Price Issue at Rs. 41.00/- per equity share of face value of Rs. 10.00/- each.The Issue price is 4.1 times of the face value of the equity shares. Bids can be made for a minimum of two lots (lot size consist of 3000 equity shares each) and in multiples of 3000 equity shares thereafter.

Objective of issue

Capital Expenditure. Working Capital. General Corporate Purpose.

Autofurnish Ltd Contact Details

Autofurnish Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - corporate@autofurnish.com

Website - www.autofurnish.com