Business Standard

Emkay Taps & Cutting Tools Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

15.55 cr

Price Range (₹)

330

Lot Size

400

Min Investment (₹)

1,32,000.00

Listing Exchange

NSE - SME

Open Date

27-Jul-2015

Close Date

30-Jul-2015

Listing Date

13-Aug-2015

Emkay Taps & Cutting Tools Ltd News

    The Shares of Emkay Taps & Cutting Tools Ltd have now been listed.

    Emkay Taps & Cutting Tools Ltd IPO Details

    Initial Public offering of 4,71,200 equity shares of face value of Rs. 10.00 each of Emkay Taps and Cutting Tools Ltd (The Company Or The Issuer) for cash at a price of Rs. 330.00 per equity share (Including a share premium of Rs. 320.00 per equity share) (Issue price) Through an offer for sale of by Mr. Ajayprakash kanoria, Mrs Alka Kanoria, Ajayprakash Kanoria Huf and Nagpur Tools Pvt. Ltd. Aggregating to Rs. 15.55 Crores (The Issue) of the issue, 24,000 equity shares aggregating to Rs. 0.79 Crores will be reserved for subcription by market maker (Market maker resevation portion). The issue less the market maker reservation ortion i.e. issue of 4,47,200 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 330.00 per equity share aggregating to Rs. 14.76 Crores is hereinafter referred to as the Net issue. The issue and the net issue will consititute 26.49% and 25.14% respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs. 10.00 each and The issue price is Rs. 330.00.

    Objective of issue

    Listing Fees on Stock Exchanges.

    Emkay Taps & Cutting Tools Ltd Contact Details

    Emkay Taps & Cutting Tools Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - emkaytapsandtools.com

    Website - www.emkaytapsandtools.com