Flemingo Travel Retail Ltd - IPO

Flemingo Travel Retail Ltd IPO Details

Initial public offering of up to (*) equity shares of face value of Rs.10 each (the equity shares) of the company for cash at a price of Rs. (*) per equity share, including a premium of Rs. (*) per equity share, (the offer price) aggregating up to Rs. (*) Crores, comprising of a fresh issue of (*) equity shares (fresh issue) aggregating up to Rs. 2423 Crores and an offer for sale of up to 1,129,500 equity shares by flemingo duty free shop mumbai private limited, aggregating up to Rs. (*) Crores (the offer forSale and together with the fresh issue, the offer) in its capacity of a seller of the equity shares in the offer and is hereinafter referred to as the selling shareholder. The offer would include a reservation of up to 150,000 equity shares aggregating up to Rs. (*) Crores for susbcription by eligible employees (which shall not exceed 5% of the post-offer equity share capital of the company) (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute (*)% and (*)%, respectively of the post-offer paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Acquisition of 100% of the issued and paid up share capital of Flemingo India from the corporate promoter, flemingo international, symbolic, and certain individual members of the promoter group being, viren ahuja, arjun ahuja & Karan Ahuja. Acquisition of 100% of the equity interest in Flemingo UK from the corporate promoter, flemingo international. General Corporate Purposes.

Flemingo Travel Retail Ltd Contact Details

Flemingo Travel Retail Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@mumbaidutyfree.net

Website - www.flemingotravelretail.com