Dhanuka Realty Ltd - IPO

Dhanuka Realty Ltd IPO Details

Public issue of 10,56,000 equity shares of face value of Rs. 10.00 each of Dhanuka Realty Limited (The company or The issuer) for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) (issue price) aggregating to Rs. 4.22 crores (the issue), of which 54,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 40.00 per equity share, aggregating to Rs. 0.22 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 10,02,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 40.00 per equity share aggregating to Rs. 4.01 crores (is hereinafter to as the net issue). The issue and the net issue will constitute 30.00% and 28.47%, 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 is Rs. 40 each. The issue price is 4.0 times of the face value.

Objective of issue

To meet working capital requirement. General corporate purpose.

Dhanuka Realty Ltd Contact Details

Dhanuka Realty 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 - info@dhanukagroup.in

Website - www.dhanukagroup.in