Cash UR Drive Marketing Limited - IPO

Cash UR Drive Marketing Limited IPO Details

Public issue of upto 46,80,000 equity shares of face value of Rs. 10 each (Equity Shares) of Cash UR Drive Marketing Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity (the Issue Price) aggregating to Rs. [*] crores (The Issue). The issue comprises of a fresh issue of up to 35,42,400 equity shares aggregating up to Rs. [*] crores (Fresh Issue) and offer for sale up to 11,37,600 equity shares by the promoter, Parveen K Khanna (the Selling Shareholder) aggregating up to Rs. [*] crores (Offer for Sale) (the Offer for Sale, together with the fresh issue, the Public Issue). The issue includes a reservation of 4,80,000 equity shares aggregating to Rs. [*] crores for subscription by market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. net issue of up to 42,00,000 equity shares of face value of Rs. 10 each, at an price of Rs. [*] per equity share for cash, aggregating to Rs. [*] crores is herein after reffered to as the (Net Issue). The issue and the net issue will constitute 30.11% and 27.02% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue 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 working capital requirements of the company. General corporate expenses.

Cash UR Drive Marketing Limited Contact Details

Cash UR Drive Marketing Limited, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@cashurdrive.net

Website - www.cashurdrive.com