Oswal Cables Ltd - IPO

Oswal Cables Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 5/- each (equity shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs.[*] crores (the offer) comprising a fresh issue of up to [*] equity shares of face value of 5/- each aggregating up to Rs. 300.00 crores by the company (the fresh issue) and an offer for sale of up to 22,200,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores comprising an offer for sale of up to 8,600,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Manak Chand Talera, an offer for sale of up to 8,600,000 equity shares of face value of Rs.5/- each aggregating up to Rs. [*] crores by Surendra Talera, an offer for sale of up to 2,500,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Shakuntala Talera and an offer for sale of up to 2,500,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Madhu Talera (the promoter group selling shareholders) (offer for sale). The offer will constitute [*] % of the post-offer paidup equity share capital. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding capital expenditure requirements for setting up a new project. Repayment/pre-payment, in part or full, of certain borrowings availed by the Company. General corporate purposes.

Oswal Cables Ltd Contact Details

Oswal Cables Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@oswalcables.com

Website - https:, www.oswalcables.com