Business Standard

Hardwyn India Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

3.20 cr

Price Range (₹)

10

Lot Size

10000

Min Investment (₹)

1,00,000.00

Listing Exchange

BSE - SME

Open Date

12-Apr-2018

Close Date

17-Apr-2018

Listing Date

25-Apr-2018

Hardwyn India Ltd News

    The Shares of Hardwyn India Ltd have now been listed.

    Hardwyn India Ltd IPO Details

    Public issue of 32,00,000 equity shares of Rs. 10 each (equity shares) of Garv Industries Limited (gil or the company) for cash at a price of Rs. 10 per share (the issue price), aggregating to Rs. 3.20 Crores (the issue), of which 1,70,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 30,30,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 31.37% and 29.71%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 1 time of the face value.

    Objective of issue

    Working Capital Requirements. Funding Expenditure for General Corporate Purposes.

    Hardwyn India Ltd Contact Details

    Hardwyn India Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - cs@hardwyn.com

    Website - www.hardwyn.com