HPC Biosciences Ltd - IPO

HPC Biosciences Ltd IPO Details

Public issue of 45,00,000 equity shares of Rs. 10/- each (Equity Shares) of HPC Biosciences Limited (HPCBL or The Company or The Issuer) for cash at a price of Rs. 35/- per share (The Issue Price), aggregating to Rs. 15.75 crores (The Issue), of which, 2,32,000 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 the market maker reservation portion i.e. issue of 42,68,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The Issue and the Net issue will constitute 28.30% and 26.84%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is 3.5 (Three & Half) times of the face value.

Objective of issue

Development of green house cultivation. Devl. of farm land for transition to organic farm.. Strengthen supply chain management. Procurement of farm tools and equipments. General corporate expenses.

HPC Biosciences Ltd Contact Details

HPC Biosciences Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - hpcbiosci@yahoo.com

Website - www.hpcbiosciences.com