Creativity AT Best Technologies Ltd - IPO

Creativity AT Best Technologies Ltd IPO Details

Initial public offering up to 58,90,000 equity shares of Rs. 10/- each (Equity Shares) of Creativity AT Best Technologies Limited (CABT or the Company) for cash at a price of Rs. [*]/- per equity share (the Issue Price), aggregating to Rs. [*] crores (The Issue). Out of the issue, up to 3,30,000 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 up to 55,60,000 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 26.50% and 25.01%, respectively 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 floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively.

Objective of issue

Funding the capital expenditure for setting up warehouse Delivery Hubs and rapid Delivery Centre in various parts of India. Funding the working capital requirements of the company. General corporate purposes.

Creativity AT Best Technologies Ltd Contact Details

Creativity AT Best Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@cabtgroup.com

Website - www.cabtechnologies.com