E to E Transportation Infrastructure Ltd - IPO

E to E Transportation Infrastructure Ltd IPO Details

Initial public offer of up to 48,40,000 equity shares of face value of Rs.10/- each (the equity shares) of E to E Transportation Infrastructure Limited (the company or ETIL or the issuer) at an issue price of Rs. 164-Rs. 174 per equity share (including a share premium of Rs. 154-Rs- 164 per equity share) for cash, aggregating up to Rs. 79.38-Rs. 84.22 crores (public issue) out of which 2,44,000 equity shares of face value of Rs.10/- each, at an issue price of Rs. 164-Rs. 174 per equity share for cash, aggregating Rs. 4.00-Rs. 4.25 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 45,96,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 164-Rs. 174 per equity share for cash, aggregating upto Rs. 75.37-Rs. 79.97 crores is herein after referred to as the net issue. The public issue and net issue will constitute 28.04% and 26.63% respectively of the post- issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10/- each.The company in consultation with the book running lead manager, may consider a pre-ipo placement of up to 9,68,000 equity shares for cash consideration (pre-ipo placement) prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead manager. if the pre-ipo placement is undertaken, the number of equity shares issued pursuant to the pre-ipo placement shall be reduced from the issue, subject to compliance with Rule 19(2)(b) of the securities contracts (regulation) Rules, 1957, as amended (scrr).Price Band: Rs. 164 to Rs. 174 per equity share of face value Rs. 10/- each. The floor price is 16.4 times of the face value of the equity shares and the cap price is 17.40 times of the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.

Objective of issue

To meet working capital requirements. General Corporate Purpose.

E to E Transportation Infrastructure Ltd Contact Details

E to E Transportation Infrastructure Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - srilakshmi.surendran@etoerail.com

Website - https:, etoerail.com