Book Building - SME
₹ 40.80 cr
₹ 68
2000
₹ 1,36,000.00
NSE - SME
19-Jun-2024
21-Jun-2024
26-Jun-2024
Initial public offer of 60,00,000** equity shares of face value of Rs. 10/- each (Equity Shares) of Durlax Top Surface Limited (Company) for cash at a price of Rs. 68/- per equity share (including a share premium of Rs. 58/- per equity share) (Offer Price) aggregating to Rs. 40.80.** crores comprising a fresh issue of 42,00,000** equity shares aggregating to Rs. 28.56** crores by the company (Fresh Issue) and an offer for sale of 18,00,000** equity shares aggregating to Rs. 12.24** crores by the promoter selling shareholder, (the Offered Shares) (the Offer for Sale and together with the fresh issue, the Offer) of which 3,00,000** equity shares aggregating to Rs. 2.04** crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer, less market maker reservation, i.e. net offer 57,00,000** equity shares of face value of Rs. 10/- each at price of Rs. 68/- per equity share aggregating to Rs. 38.76** crores is herein after referred to as the Net Offer. The offer and the net offer will constitute 36.08% and 34.28% respectively of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is 6.8 times the face value of the equity shares. **Subject to finalization of the basis of allotment.
Part Finance to meet the working capital requirements. General corporate purposes.
Durlax Top Surface Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - cs@durlaxindia.com
Website - www.durlax.com