DNV Food Products Ltd - IPO

DNV Food Products Ltd IPO Details

Public issue of upto 54,00,000 equity shares of face value of Rs. 10/- each (equity shares) of DNV Food Products Limited (the company or the issuer) for cash at a price of Rs. [*] per equity including a share premium of Rs. [*] per equity share (the issue price) aggregating to Rs. [*] croress (the issue) comprising of a fresh issue of 54,00,000 equity shares aggregating to Rs. [*] crores (the fresh issue) of which 2,70,000 shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of 51,30,000 equity shares aggregating to Rs. [*] crores (the net issue). The issue and the net issue will constitute 26.33% and 25.02% respectively of the post issue paid up equity share capital of the company. Price band: Rs. [*] to Rs. [*] per equity share of face value of Rs. 10/- each and the issue price is [*] to [*] times of the face value at the lower price band and the upper price band respectively.

Objective of issue

Funding Capital Expenditure Requirements. To meet the Working Capital Requirements of the Company. General Corporate Purposes.

DNV Food Products Ltd Contact Details

DNV Food Products Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@dnvfoods.in

Website - https:, www.dnvfoods.com