EPW India Ltd - IPO

EPW India Ltd IPO Details

Initial public issue of up to 3279600 equity shares of face value of Rs. 5/- each of EPW India Limited (EPW or the company or the issuer) for cash at a price of Rs. 95-Rs. 97 per equity share including a share premium of Rs. 90-Rs. 92 per equity share (the issue price) aggregating to Rs. 31.16-Rs. 31.81 crores (the issue), of which 1,54,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 95-Rs. 97per equity share including a share premium of Rs. 90-Rs. 92 per equity share aggregating to Rs. 1.46-Rs. 1.49 crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 5/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the net issue. The issue and the net issue will constitute 28.57% and 27.14%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 5/- each. Price Band: Rs. 95.00 to Rs. 97.00 per equity share of face value of Rs. 5.00/- each. The issue price is 19 to 19.40 times of the face value.Bids can be made for a minimum size of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Objective of issue

To Meet Working Capital Requirements. Repayment of banking facilities availed by the company. General Corporate Purpose.

EPW India Ltd Contact Details

EPW India Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@epwindia.com

Website - https:, epwindia.com