Home Zone Rubber Solutions Ltd - IPO

Home Zone Rubber Solutions Ltd IPO Details

Initial public offer of up to 1,08,97,436* equity shares of face value of Rs. 2/- each (Equity Shares) of Home Zone Rubber Solutions Limited (Company) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (Offer Price) aggregating up to Rs. [*] crores comprising a fresh issue of up to 99,03,846 equity shares aggregating up to Rs. [*] crores by the company (Fresh Issue) and an offer for sale of up to 9,93,590 equity shares aggregating up to Rs. [*] crores by its promoter selling shareholder, (the Offered Shares) (the Offer for Sale and Together with the Fresh Issue, the Offer) of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer, less market maker reservation, i.e. net offer [*] equity shares of face value of Rs. 2/- each at price of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Offer. The offer and the net offer will constitute [*] % and [*] % respectively of the fully diluted post-offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company. * Subject to Finalization of the Basis of Allotment.

Objective of issue

Purchase of new plant and machinery i.e. Eldan Line. Repayment of term loan. General corporate purposes.

Home Zone Rubber Solutions Ltd Contact Details

Home Zone Rubber Solutions Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - nimesh@homezone.co.in

Website - www.homezone.co.in