Dhanus Technologies Ltd - IPO

Dhanus Technologies Ltd IPO Details

Public issue of 38,35,000 equity shares of Rs.10/- each for cash at a price of Rs.295/- per equity share (including share premium of Rs.285/- per equity share) aggregating to Rs.113.13 Crores (hereinafter referred to as the issue). The issue comprises a reservation for eligible employees of upto 2,00,000 equity shares of Rs.10/- each (employee reservation portion) and the net issue to the public of 36,35,000 equity shares of Rs.10/- each (the net issue). The issue would constitute 21.37% of the fully diluted post issue paid-up capital of the company. The net issue would constitute 20.26% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.295/- per equity share of face value of Rs.10/-.The issue price is 29.5 times of the face value

Objective of issue

Acquisition of property & Constrn. of Bldg, ITES. improvement of the Co's Infrastructure Support sys. Purchase of Equipments such as Development Servers. Purchase of Equitments for FleeTrac Services. Set up of countrywide network of Sales&Support Off. General Corporate Purposes.

Dhanus Technologies Ltd Contact Details

Dhanus Technologies Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info.dhanustech@gmail.com

Website - www.dhanus.net