Eppeltone Engineers Ltd - IPO

Eppeltone Engineers Ltd IPO Details

Initial public issue of upto 34,34,000* equity shares of face value of Rs. 10/- each (the Equity Shares) of Eppeltone Engineers Limited (the Company or the Company) at an issue price of Rs. 128 per equity share (including share premium of Rs. 118 per equity share) for cash, aggregating up to Rs. 43.96 crores (Public Issue) out of which upto 1,72,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128 per equity share for cash, aggregating Rs. 2.20 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 upto 32,62,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 128 per equity share for cash, aggregating upto Rs. 41.76 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.50% and 25.17% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Working capital requirements of the company. Funding Capital Expenditure towards installation of additional machinery at our factory. General corporate purposes.

Eppeltone Engineers Ltd Contact Details

Eppeltone Engineers Ltd, A/505 Dattani Plaza, A K Road Safeed Pool, Andheri (East), Mumbai - 400072

Phone - 91-22-49721245

Fax -

Email - cs@eppeltone.in

Website - www.eppeltone.in