Dachepalli Publishers Ltd - IPO

Dachepalli Publishers Ltd IPO Details

Initial public offer of up to 39,60,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Dachepalli Publishers Limited (the Company or the Issuer) for cash at a price of Rs. 100-Rs. 102 per equity share, including a share premium of Rs. 90-Rs. 92 per equity share (the Issue Price), aggregating to Rs. 39.6-Rs. 40.39 crores (the Issue), of which 1,99,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100-Rs. 102 per equity share, aggregating to Rs. 1.99-Rs. 2.03 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e., issue of up to 37,60,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100-Rs. 102/- per equity share, aggregating to Rs. 37.61-Rs. 38.36 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 26.44% and 25.11% respectively of the post issue paid up equity share capital of the company.Price Band: Rs. 102 per equity share of face value Rs. 10/- each.The floor price is 10.2 times of the face value of the equity shares.Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

To part finance the requirement of Working Capital. Repayment of certain borrowing availed by our Company, in part or full. To meet General corporate purposes*.

Dachepalli Publishers Ltd Contact Details

Dachepalli Publishers Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@dachepalli.com

Website - www.dachepalli.com