Eighty Jewellers Ltd - IPO

Eighty Jewellers Ltd IPO Details

Initial public offer of 27,00,000 equity shares of face value of Rs. 10 each (the Equity Shares) of Eighty Jewellers Limited(The Company or EJL or The Issuer) at an issue price of Rs. 41 per equity share for cash, aggregating up to Rs. 11.07 crores(Public Issue) out of which 1,38,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 41 per equity share for cash, aggregating Rs. 0.57 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 25,62,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 41 per equity share for cash, aggregating to Rs. 10.50 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and 25.12% 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 offer price is Rs. 41 and the offer price is 4.1 times the face value of the equity shares.Bid can be made for minimum of 3000 equity shares and in multiples of 3000 quity shares thereafter.

Objective of issue

To meet Working Capital Requirements. General Corporate Purposes. General Corporate Purposes. General Corporate Purposes. General Corporate Purposes.

Eighty Jewellers Ltd Contact Details

Eighty Jewellers Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@eightyjewels.in

Website - www.eightyjewels.in