Diksha Polymers Ltd - IPO

Diksha Polymers Ltd IPO Details

Initial public offer of 15,98,400 equity shares of Rs. 10 each (Equity Shares) of Diksha Polymers Limited (DPL or the Company) for cash at a price of Rs. 112 per share (the Issue Price), aggregating to Rs. 17.90 Crores (the Issue), of which 81,600 equity shares of Rs. 10 each will be reserved for subscription by aggregating market maker to the issue (the Market Maker Reservation Portion). The issue less than the market maker reservation portion i.e. Issue of 15,16,800 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.76% and 29.19% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 and the issue price is 11.2 times of the face value.Fixed price issue at Rs. 112/- per equity share minimum application size of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Repayment/ prepayment, in full or in part, of certain outstanding borrowings. General Corporate Purpose.

Diksha Polymers Ltd Contact Details

Diksha Polymers Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@dikshagroup.in

Website - www.dikshagroup.in