Business Standard

Cadsys (India) Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

14.70 cr

Price Range (₹)

70

Lot Size

2000

Min Investment (₹)

1,40,000.00

Listing Exchange

NSE - SME

Open Date

21-Sept-2017

Close Date

25-Sept-2017

Listing Date

04-Oct-2017

Cadsys (India) Ltd News

    The Shares of Cadsys (India) Ltd have now been listed.

    Cadsys (India) Ltd IPO Details

    Public issue of 21,00,000 equity shares of face value of Rs.10.00 each of Cadsys (India) Limited (`CIL' company or the issuer) for cash at a price of Rs. 70/- per equity share (issue price) including share premium of Rs. 60/- per equity share aggregating to Rs. 14.70 Crores (the issue), of which 1,08,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 70/- per equity share, aggregating to Rs. 0.76 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 19,92,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 70/- per equity share aggregating to Rs 13.94 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 27.99 % and 26.55%, respectively of the fully diluted 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 of Rs.70 is 7.00 times of the face value.

    Objective of issue

    Part repayment/prepayment of the long term borrowing availed by the company. General corporate purposes.

    Cadsys (India) Ltd Contact Details

    Cadsys (India) Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@cadsystech.com

    Website - www.cadsystech.com