Balaji Piping Products Ltd - IPO

Balaji Piping Products Ltd IPO Details

Public issue of up to 15,12,000 equity shares of face value Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. [*]/- per equity share (including a securities premium of Rs. [*]- per equity share) (the Issue Price), aggregating upto Rs. [*] crores (Issue) of the issue, 76,800 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 14,35,200 equity shares of face value of Rs. 10 each at an issue price 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 share is Rs. 10/- and the issue price is [*] times of the face value.

Objective of issue

Setting up of new manufacturing facility. Repayment or pre-payment of secured loan. To meet working capital requirements. General corporate purposes.

Balaji Piping Products Ltd Contact Details

Balaji Piping Products Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@balajipipingproducts.com

Website - www.balajipipingproducts.com