Ellenbarrie Industrial Gases Ltd - IPO

Ellenbarrie Industrial Gases Ltd IPO Details

Initial public offer of up to 21,313,130 equity shares of face value of Rs. 2 each (Equity Shares) of Ellenbarrie Industrial Gases Limited (Company or Issuer) for cash at a price of Rs. 400 per equity share of face value of Rs. 2 each (including a share premium of Rs. 398 per equity share) (Offer Price) aggregating up to Rs. 852.53 crores comprising a fresh issue of up to 10,000,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 400.00 crores by the company (Fresh Issue) and an offer for sale of up to 11,313,130 equity shares of face value of Rs. 2 each aggregating up to Rs. 452.53 crores (Offered Shares) by the promoter selling shareholders, (Offer for Sale, together with the fresh issue, the Offer).

Objective of issue

Repayment/prepayment in full or part of certain outstanding borrowings availed by the company. Setting up of an air separation unit its Uluberia-II plant with a capacity of 220 TPD. General corporate purposes.

Ellenbarrie Industrial Gases Ltd Contact Details

Ellenbarrie Industrial Gases Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - complianceofficer@ellenbarrie.com

Website - www.ellenbarrie.com