Manisha Textiles Ltd - IPO

Manisha Textiles Ltd IPO Details

Initial public offer of upto 56,00,000 equity shares of Rs. 10/- each (equity shares) of Manisha Textiles Limited (MTL orthe company or the issuer) for cash at a price of Rs. [*]/- per equity share (including a share premium of Rs. [*]/- perequity share) (issue price) aggregating to Rs. [*] crores (the issue), of which [*] equity shares of face value of Rs.10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market maker reservationportion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs.10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*]crores is herein after referred to as the net issue. The issue and the net issue will constitute upto [*]% 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 face value of the equity share is Rs. 10/- per share and the issue price is [*] times of the face value.

Objective of issue

Part finance the cost of establishing new manufacturing facility at Plot No. 16-A, Survey No. 8, H. No. 4(P), 5(P), 9/A(P), Sapna Industrial Compound, Saravali Village, Gova MIDC Road, Tal. Bhiwandi, Dist. Thane. Funding of working capital requirements of the Company. General corporate purposes.

Manisha Textiles Ltd Contact Details

Manisha Textiles Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - cs@manishatextiles.in

Website - www.manishatextiles.in