Craftech Paper Mills Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

₹ -

Price Range (₹)

₹ -

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

BSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

Craftech Paper Mills Ltd IPO Details

Initial public offer of upto 59,96,000 equity shares of face value of Rs. 10/- each (equity shares) of the company at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (public offer) comprising a fresh issue of upto 53,50,000 equity shares of face value of Rs.10/- each aggregating to Rs. [*] crores (the fresh issue) and an offer for sale of upto 6,46,000 equity shares of face value of Rs.10 each comprising of upto 6,46,000 equity shares of face value of Rs. 10/- each by Yash Suryakant Karwa (the selling shareholder) (offer for sale) aggregating to Rs. [*] crores, out of which [*] equity shares of face value of Rs. [*]/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The public offer less market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each of face value of Rs.[*]/- each, at an offer price of Rs.[*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the net offer the public offer and net offer will constitute [*]% and [*]% respectively of the post-offer paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Capital Expenditure towards purchase of Boiler. Capital Expenditure towards purchase of a 2 MW Back Pressure Steam Turbine Generator (STG). Funding the Working Capital requirement of the company. Prepayment or repayment of all or a portion of certain loans availed by its Company. General corporate purposes.

Craftech Paper Mills Ltd Contact Details

Craftech Paper Mills Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - admin@craftechpaper.com

Website - www.craftechpaper.com