Watrana Rentals Ltd - IPO

Watrana Rentals Ltd IPO Details

Initial public issue of upto 49,02,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Watrana Rentals Limited (Watrana Rentals or the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the 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 Reservation Portion). 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 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

Purchase of material handling equipment. Purchase of aerial work platform. Purchase of batteries. General corporate purposes.

Watrana Rentals Ltd Contact Details

Watrana Rentals Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@watranarentals.com

Website - https:, www.watranarentals.com