Business Standard

Crown Lifters Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.68 cr

Price Range (₹)

121

Lot Size

1000

Min Investment (₹)

1,21,000.00

Listing Exchange

NSE - SME

Open Date

09-Sept-2016

Close Date

19-Sept-2016

Listing Date

27-Sept-2016

Crown Lifters Ltd News

    The Shares of Crown Lifters Ltd have now been listed.

    Crown Lifters Ltd IPO Details

    Public issue of 5,52,000 equity shares of face value of Rs. 10/- each fully paid up of Crown Lifters Limited (Crown Lifters or the Company or the Issuer) for cash at a price of Rs. 121/- per equity share (the Issue price) (including a share premium of Rs. 111/- per equity share aggregating Rs. 6.68 crores (the Issue) by the company, of which 28,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 5,24,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will Constitute 26.51% and 25.17% respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10/- each. The Issue price is Rs. 121/-. The Issue price is 12.10 times the face value.

    Objective of issue

    Purchase of Kobelco Hydraulic Crawler Crane.

    Crown Lifters Ltd Contact Details

    Crown Lifters Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - cs.cll@crownlifters.com

    Website - www.crownlifters.com