Antala Industries Ltd - IPO

Antala Industries Ltd IPO Details

Public issue of up to 34,82,000 equity shares of face value of Rs. 10 each (Equity Shares) of Antala Industries Limited (the Company or the Issuer) for cash at a price of Rs. 62-66 per equity ( The Issue Price) aggregating to Rs. 21.59-22.98 Crores (the Issue) comprising of a fresh issue of upto 34,82,000 equity shares aggregating to Rs. 21.59-22.98 Crores (the Fresh Issue) of which upto 1,76,000 shares aggregating to Rs. 1.09-1.16 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 upto 33,06,000 equity shares aggregating to Rs. 20.50-21.82 Crores (theNet Issue). The issue and the net issue will constitute 28.64% and 27.19% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 66/- per equity share of face value of Rs. 10/- each.The floor price is 6.60 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Objective of issue

To meet Working Capital Requirements.. To meet the requirements of Capital Expenditure towards Purchase of Machinery.. General Corporate Purposes..

Antala Industries Ltd Contact Details

Antala Industries Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@antalaindustriesltd.com

Website - https:, antalalimited.in