Command Polymers Ltd - IPO

Command Polymers Ltd IPO Details

Initial public issue of 25,32,000 equity shares of Rs. 10 each (Equity Shares) of Command Polymers Limited (CPL or the Company) for cash at a price of Rs. 28 per share (the Issue Price), aggregating to Rs. 7.09 crores (The Issue), of which 1,32,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 24,00,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.00% and 25.60 %, 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 2.8 times of the face value.

Objective of issue

Funding working capital requirements. Repayment of Loans. General corporate purposes.

Command Polymers Ltd Contact Details

Command Polymers Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@commandpolymers.com

Website - www.commandpolymers.com