Annai Infra Developers Ltd - IPO

Annai Infra Developers Ltd IPO Details

Initial public offer of upto 10,000,000 equity shares of face value of Rs. 10 each (equity shares) of Annai Infra Developers Limited (the company or the issier) for cash at a price of Rs. (*)* per equity share (including a share premium of Rs. (*) per equity share) aggregating upto Rs. (*) Crores (the issue). The issue comprises a reservation of (*) Equity shares aggregating upto Rs. (*) Crores for subscription by eligible employees (as defined herein) not exceeding 5 of the post-issue paid-up equity shares capital (the employee reservation portion) and net issue to the public of (*) equity shares (the net issue) aggregating upto Rs. (*) Crores. The issue would constitute (*) of the post-issue paid-up equity share capital and the net issue to the public would constitute (*) % of the post-issue paid-up equity share capital. The company May consider issuing up to 1,600,000 equity shares on a private placement basis for cash consideraron aggregating up to Rs. (*) Crores.The face value of the equity shares is Rs 10 each the price band, theemployee discount and the minimum bid lot will be decided by the company.* employe* discount of Rs (*) per equity share to the issue price may be offered to the eligible employees bidding in the employee reservation portion.

Objective of issue

To Finance the purchase of Plant & Equipment. Funding the Working Capital Requirements of the company. General Corporate Purposes.

Annai Infra Developers Ltd Contact Details

Annai Infra Developers Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - companysecretary@annaiinfra.com

Website - www.annaiinfra.com