Datasol (Bangalore) Ltd - IPO

Datasol (Bangalore) Ltd IPO Details

Initial public offer of up to 39,20,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Datasol (Bangalore) Ltd. (the Companyor the Issuer) for cash at a price of Rs. [*]/- per equity share, including a share premium of Rs. [*]/- per equity share (the Issue Price), aggregating to Rs. [*] Crore (The Issue), of which [*] equity shares of face value of Rs.10/- each for cash at a price of Rs. [*]/- per equity share, aggregating to Rs. [*]/- Crore will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share, aggregating to Rs. [*] Crore is herein after referred to as the Net Issue. The issue and the net issue will constitute [*]% and [*]% respectively of the post issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding Capital Expenditure towards purchase of additional plant and machinery for expansion and upgradation of existing manufacturing facility. To meet Working Capital Requirements. General Corporate Expenses.

Datasol (Bangalore) Ltd Contact Details

Datasol (Bangalore) Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

Phone - 91-80-23460815-818

Fax - 91-80-23460819

Email - cs@datasolindia.com

Website - www.datasolindia.com