FCML Distributors Ltd - IPO

FCML Distributors Ltd IPO Details

Initial public offer of upto 57,42,000 equity shares of face value of Rs. 10/- each of FCML Distributors Limited (FCML or the Company or the Issuer) for cash at an offer price of Rs.[*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Offer Price) comprising of a fresh issue of upto 45,96,000. equity shares of face value of Rs. 10/- each aggregating to Rs. [*] crores (the Fresh Issue) and an offer for sale of upto 11,46,000 equity shares of face value of Rs.10/- each comprising of upto 8,00,400 equity shares of face value of Rs. 10/- each by Nirmal Khandelwal, upto 57,600 equity shares of face value of Rs. 10/- each by Abhinav Khandelwal and upto 2,88,000 equity shares of face value of Rs. 10/- each by Madhu Khandelwal (the Selling Shareholders or Promoter Selling Shareholders) (Offer for Sale) aggregating to Rs. [*] crores, of which [*] equity shares of face value of Rs. 10/- each for aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The public offer less the market maker reservation portion i.e. net offer of [*] equity shares of face value of Rs. 10/- each aggregating to Rs. [*] crores is hereinafter referred to as the Net Offer. The public offer and the net offer will constitute upto [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The minimum bid lot will be two and the price band will be decided by the company.

Objective of issue

Opening of new Premium Luxury BathDetails and Wood & Boundless format stores. Meeting the long term Working Capital requirements. Advertisement and marketing expenses towards enhancing the awareness and visibility of our brand. Expenditure for (1) Partial renovation of our two existing Ultra Luxury owned stores at Delhi and Mumbai and (2) Renovation of our Registered Office situated at Delhi. Repayment of Term Loan availed by our Company. General Corporate Purposes.

FCML Distributors Ltd Contact Details

FCML Distributors Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@fcmlindia.com

Website - www.fcmlindia.com