Anjali LabTech Ltd - IPO

Anjali LabTech Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 5 each (the Equity Shares) of Anjali Labtech Limited (formerly known as Anjali Diamonds Private Limited) (the Company 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 Offer Price) aggregating up to Rs. 1225.00 Crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 925.00 Crores by the company (the Fresh Issue) and an offer for sale of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 300.00 Crores comprising of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 106.25 Crores by Shilpaben Rajanibhai Radadiya, up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 75.00 Crores by Nehalben Sandipkumar Radadiya and up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. 118.75 Crores by Madhubhai Samajubhai Raddiya (the Offer for Sale, and such shareholders offering their respective portion of the offered shares are together referred to as the Promoter Group Selling Shareholders). The face value of the equity shares is Rs. 5 each. 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 for the manufacturing and captive installation of MPCVD Machines to facilitate in-house growing of Rough LGDs.. Funding capital expenditure for construction and development of Anjali Corporate House at Moje Kosmada, Surat, Gujarat. Prepayment or re-payment of a portion of certain outstanding borrowings availed by the Company.. General corporate purposes.

Anjali LabTech Ltd Contact Details

Anjali LabTech Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@anjalilabtech.com

Website - www.anjalilabtech.com