Shree Ram Twistex Ltd - IPO

Shree Ram Twistex Ltd IPO Details

Initial public offering of up to 1,06,00,000 equity shares of Rs.10/- each of Shree Ram Twistex Limited (the Company or the Issuer) for cash at a price of 104 per equity share (including a securities premium of Rs. 94 per equity share) (Issue Price) aggregating up to Rs. 110.24 crores (the Issue). The issue will constitute [*]% of the post-issue paid-up equity share capital.Price Band: Rs. 95 to Rs. 104 per equity share of face value of Rs. 10 each.The floor price is 9.5 times the face value of the equity shares and the cap price is 10.4 times the face value of the equity shares. Bids can be made for a minimum of 144 equity shares of face value of Rs. 10 each and in multiples of 144 equity shares of face value of Rs. 10 each thereafter.

Objective of issue

Funding for setting up of 6.1 MW Solar Power Plant for captive use. Funding for setting up of 4.2 MW Wind Power Plant for captive use. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company. Funding the working capital requirements of our Company. General corporate purposes.

Shree Ram Twistex Ltd Contact Details

Shree Ram Twistex Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@shreeramtwistex.com

Website - www.shreeramtwistex.com