Madhur Knit Crafts Ltd - IPO

Madhur Knit Crafts Ltd IPO Details

The issue comprise of a public issue of 56,00,000 equity shares of face value of Rs.10/- each fully paid (the equity shares) for cash at a price of Rs. [*]/- per equity shares (including a premium of Rs. [*]/- per equity share) aggregating to Rs. [*]/- crores (the issue) by the company. The issue comprises a reservation of which [*] equity shares of Rs.10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of [*] equity shares of Rs.10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute [*] and [*] respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding capital expenditure for the purchase of Solar panel.. Working Capital Requirement of the Company.. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company. General corporate purposes.

Madhur Knit Crafts Ltd Contact Details

Madhur Knit Crafts Ltd, D-3A First Floor, Okhla Industrial Are, Phase-I, New Delhi -110020

Phone -

Fax -

Email - ipo@mkcpl.in

Website - www.mkcpl.in