Bird Machines Ltd - IPO

Bird Machines Ltd IPO Details

Initial public issue of upto 35,00,000 equity shares of face value of Rs.10/- each of Bird Machines Limited for cash at a issue price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) (Issue Price) aggregating up to Rs. [*] Crores comprising of fresh issue of up to 35,00,000 equity shares aggregating to Rs. [*] Crores (Fresh Issue) (The Issue) and upto [*] equity shares at an issue price of Rs. [*] per share 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 up to [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] Cores (Net Issue). The issue and the net issue will constitute [*]% and [*]% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10/- each and the issue price is [*] times of the face value.The price band and the minimum bid lot will be decided by the company.

Objective of issue

To finance the Capital expenditure requirements for the purchase of Machineries and Equipments for existing manufacturing facility. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company.. To meet General corporate purposes*.

Bird Machines Ltd Contact Details

Bird Machines Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795