Book Building - SME
₹ 53.90 cr
₹ 98
1200
₹ 1,17,600.00
BSE - SME
23-Apr-2024
25-Apr-2024
30-Apr-2024
Initial public issue of 54,99,600 equity shares of Rs. 10/- each (Equity Shares) of Emmforce Autotech Limited (EAL or the Company or the Issuer) for cash at a price of Rs. 98/- per equity share including a share premium of Rs. 88/- per equity share (the Issue Price), aggregating to Rs. 53.90 crores (The Issue), of which upto 2,76,000 equity shares of Rs. 10/- each for cash at a price of Rs. 98/- per equity share including a share premium of Rs. 88/- per equity share aggregating to Rs. 2.70 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 52,23,600 equity shares of Rs. 10/- each including a share premium of Rs. 98/- per equity share aggregating to Rs. 51.19 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.83% and 25.48%, respectively of the post issue paid up equity share capital of the company.
Investment in subsidiary company i.e. Emmforce Mobility Solutions Pvt Ltd in form of equity or debt for meeting the requirement of working capital and margin money for term loan of subsidiary company. To meet working capital requirement of the company. General corporate purposes.
Emmforce Autotech Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083
Phone - 91-22-49186000
Fax - 91-22-49186060
Email - info@emmforce.com
Website - www.emmforce.com