KVS Castings Ltd - IPO

KVS Castings Ltd IPO Details

Initial public offering up to 49,70,000 equity shares of Rs. 10/- each (Equity Shares) of K V S castings limited (K V S Castings or the Company) for cash at a price of Rs. 56/- per equity share (the issue price), aggregating to Rs. 27.83 Crore (the Issue). out of the issue, up to 2,54,000 equity shares aggregating to Rs. 1.42 Crore will be reserved for subscription by market maker (Market Maker Reservation Portion). the issue less the market maker reservation portion i.e. issue of up to 47,16,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 56/- per equity share aggregating to Rs. 26.41 Crore is hereinafter referred to as the net issue. the issue and the net issue will constitute 26.50% and 25.15%, respectively of the post issue paid up equity share capital of the company.Issue price is Rs.5.6 times of the face vale of the equity share of face value of Rs. 10 each.Bids can made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Objective of issue

Capital expenditure. General corporate purposes.

KVS Castings Ltd Contact Details

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

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - cs.kcpl@kvspremier.com

Website - https:, kvscastings.com