Business Standard

Fine Organic Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

600.17 cr

Price Range (₹)

783

Lot Size

19

Min Investment (₹)

14,877.00

Listing Exchange

MumbaiNSE

Open Date

20-Jun-2018

Close Date

22-Jun-2018

Listing Date

02-Jul-2018

Fine Organic Industries Ltd News

    The Shares of Fine Organic Industries Ltd have now been listed.

    Fine Organic Industries Ltd IPO Details

    Initial public offering of 7,664,994 equity shares of face value of Rs. 5 each (equity shares) of the company for cash at a price ofRs. 783 per equity share, including a share premium of Rs. 778 per equity share, through an offer for sale by the selling shareholders asDefined hereinafter (such equity shares offered by the selling shareholders collectively referred to as the offered shares), aggregating up to Rs. 600.17 Crores (offer). The offer shall constitute 25.00% of the post-offer paid-up equity share capital.The face value of the equity share is Rs.5 each.The Offer price is Rs.783 per equity share and is 156.6 times the face value of the equity share.

    Objective of issue

    Listing of Shares on the Stock Exchanges. To Carry out the sale of up to 7,664,994 offered Shares by the Promoter Group Selling Shareholders.

    Fine Organic Industries Ltd Contact Details

    Fine Organic Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investors@fineorganics.com

    Website - www.fineorganics.com