FFS Defence Engineering Ltd - IPO

FFS Defence Engineering Ltd IPO Details

Public issue of 35,74,400 equity shares of face value of Rs. 10.00 each of FFS Defence Engineering Limited (the Company or the Issuer) for cash at a price of Rs. 80.00 per equity share (including a share premium of Rs. 70.00 per equity share) (Issue Price) aggregating to Rs. 28.60 crores (the Issue). Of the issue, 1,79,200 equity shares aggregating to Rs. 1.43 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 33,95,200 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 80.00 per equity share aggregating to Rs. 27.16 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.33 % and 25.01 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 80.00 is 8.00 times of the face value.

Objective of issue

Prepayment/Repayment of loans. Augmenting funds for capital expenditure requirements. Augmenting additional working capital requirements. General corporate purposes.

FFS Defence Engineering Ltd Contact Details

FFS Defence Engineering Ltd, C-101, 247 Park,, LBS. Marg, Vikhroli, West, Mumbai -400083, 400083

Phone -

Fax -

Email - info@ffsdefence.com

Website - www.ffsdefence.com