Business Standard

Endurance Technologies Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,161.73 cr

Price Range (₹)

472

Lot Size

30

Min Investment (₹)

14,160.00

Listing Exchange

MumbaiNSE

Open Date

05-Oct-2016

Close Date

07-Oct-2016

Listing Date

19-Oct-2016

Endurance Technologies Ltd News

    The Shares of Endurance Technologies Ltd have now been listed.

    Endurance Technologies Ltd IPO Details

    Initial public offer of up to 24,613,024 equity shares of face value Rs.10 each (equity shares) of Endurance Technologies Ltd (company or issuer) for cash at a price of Rs 472 per equity share including a share premium of Rs 462 per equity equity share, aggregating up to Rs 1161.73 crores, consisting of an offer for sale up to 19,295,968 equity shares by Actis Components & System Investment Ltd (Actis) and up to 5,317,056 equity shares by Mr. Anurang Jain (promoter selling shareholder) (colletively, the selling shareholders) (The offer for sale or the offer). The offer shall constitute up to 17.50% of the fully diluted post-offer paid-up equity share capital of the company.The Offer price : Rs.472 per equity share of face value of Rs.10 each The Offer price is 47.20 times of the face value.

    Objective of issue

    Funding the repayment of certain loans. Funding the prepayment of certain loans. Investment in capital expenditure of the company. Investment in capital equipment of the company. General corporate purposes.

    Endurance Technologies Ltd Contact Details

    Endurance Technologies Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@endurance.co.in; corporate@endurance.co.

    Website - www.endurancegroup.com