APPL Containers Ltd - IPO

APPL Containers Ltd IPO Details

Initial public offer of up to 38,10,000 equity shares of face value of Rs. 10/- each (equity shares) of APPL Containers Limited (company or issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [] crores (offer). The offer comprises of a fresh issue of up to 12,50,000 equity shares aggregating up to Rs. [] crores by the company (fresh issue) and an offer for sale of up to 25,60,000 equity shares (offered shares) aggregating up to Rs. [] crores (offer for sale), comprising up to 5,30,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Hasmukhbhai Meghjibhai Viradiya, up to 2,60,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Vallabhbhai Meghjibhai Viradiya, up to 2,55,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Vaibhav Vallabhbhai Viradiya, up to 3,75,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Manishaben Viradiya, up to 2,55,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Saritaben Viradiya, up to 2,55,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Ektaben Vaibhavbhai Viradiya, up to 2,55,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Tejasbhai Vallabhbhai vVradiya and up to 3,75,000 equity shares of face value of Rs.10/- each aggregating up to Rs. [*] crores by Tirthraj Hasmukhbhai Viradiya (selling shareholders). The face value of equity shares is Rs. 10/- 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 of incremental working capital requirements of the Company. Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company. General corporate purposes.

APPL Containers Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@applcontainers.com

Website - www.applcontainers.com