Business Standard

E Factor Experiences Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

25.92 cr

Price Range (₹)

75

Lot Size

1600

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

27-Sept-2023

Close Date

03-Oct-2023

Listing Date

09-Oct-2023

E Factor Experiences Ltd News

    The Shares of E Factor Experiences Ltd have now been listed.

    E Factor Experiences Ltd IPO Details

    Initial public offer of upto 34,56,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of E Factor Experiences Limited (The Company or The Issuer) at an issue price of Rs. 75/- per equity share for cash, aggregating up to Rs. 25.92 crores (Public Issue) out of which 1,74,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 75/- per equity share for cash, aggregating Rs. 1.31 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 32,81,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 75/- per equity share for cash, aggregating upto Rs. 24.61 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.41% and 25.07% respectively of the post-issue paid-up equity share capital of the company.*Subject to finalization of basis of allotment.

    Objective of issue

    Investment in Subsidiary. To meet Working Capital Requirements. Repayment and/or pre-payment in full or part of certain borrowings availed by the company. General corporate purposes.

    E Factor Experiences Ltd Contact Details

    E Factor Experiences Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

    Phone - 011-45121795

    Fax - 01145121795

    Email - mukesh@efactor4u.com

    Website - https://www.efactorexp.com/