Nikita Greentech Recycling Ltd - IPO

Nikita Greentech Recycling Ltd IPO Details

Initial public issue of up to 64,94,400 equity shares of face value of Rs. 10/- each of Nikita Papers Limited (Nikita, NPL or the Company or the Issuer) for cash at a price of Rs. 104.00/- per equity share including a share premium of Rs. 94.00/- per equity share (the Issue Price) aggregating to Rs. 67.54 crores (the Issue), of which 3,26,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 104.00/- per equity share including a share premium of Rs. 94.00/- per equity share aggregating to Rs. 3.39 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 61,68,000 equity shares of face value of Rs. 10/- each at a price of Rs. 104.00/- per equity share including a share premium of Rs. 94.00/- per equity share aggregating to Rs. 64.15 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.33% and 25.00%, respectively, of the post issue paid up equity share capital of the company.

Objective of issue

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Nikita Greentech Recycling Ltd Contact Details

Nikita Greentech Recycling Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - info@nikitapapers.com

Website - www.nikitapapers.com