CRP Risk Management Ltd - IPO

CRP Risk Management Ltd IPO Details

Public issue of up to 51,36,000 equity shares of face value of Rs. 10.00 each of CRP Risk Management Limited (The Company or The Issuer) for cash at a price of Rs. 60 per equity share (including a share premium of Rs. 50 per equity share) (Issue Price) aggregating to Rs. 30.82 crores (the issue) consisting of fresh issue of up to 40,00,000 equity shares aggregating to Rs. 24 crores and an offer for sale of up to 11,36,000 equity shares by Shibani Belwalkar, (non promoter selling shareholder) aggregating to Rs. 6.82 crores (offer for sale) of which up to 2,68,000 equity shares aggregating to Rs. 1.61 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 48,68,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 60 per equity share aggregating to Rs. 29.21 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.37% and 27.84%, 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 issue price of Rs. 60 is 6 times of the face value.

Objective of issue

Prepayment or repayment of a portion of loan facilities availed by the company. Purchase of computer hardware and office equipment. Meeting additional working capital requirements. Additional infrastructure at the registered office and corporate office at Mumbai. Marketing and brand building. General corporate purposes.

CRP Risk Management Ltd Contact Details

CRP Risk Management Ltd, 4A9 Gundecha Onclave, Kherani Rd Sakinaka, , mumbai 400072

Phone - 91-022-62215779/28511022

Fax -

Email - compliance@crp.co.in

Website - www.crp.co.in