Exato Technologies Ltd - IPO

Exato Technologies Ltd IPO Details

Initial public offer of up to 26,75,000 equity shares of face value of Rs. 10/- each (equity shares) of Exato Technologies Limited (the company or Exato or issuer) at an offer price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) for cash, aggregating up to Rs. 37.45 crores (public offer) comprising a fresh issue of up to 22,75,000 equity shares aggregating to Rs. 31.85 crores (the fresh issue) and an offer for sale of up to 4,00,000 equity shares by Appuorv K Sinha (the promoter selling shareholder) aggregating to Rs. 5.60 crores out of which 1,34,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 140 per equity share for cash, aggregating Rs.1.88 crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The public offer less market maker reservation portion i.e. offer of 25,41,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs.140 per equity share for cash, aggregating up to Rs. 35.57 crores is hereinafter referred to as the net offer. The public offer and net offer will constitute 26.58% and 25.25% respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Funding the working capital requirements of the company. Investment in Product Development. Repayment/prepayment of all or certain of our borrowings availed of by its Company. General corporate purposes.

Exato Technologies Ltd Contact Details

Exato Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@exato.ai