Fixed Price - SME
₹ 16.03 cr
₹ 121
1000
₹ 1,21,000.00
NSE - SME
21-Aug-2024
23-Aug-2024
28-Aug-2024
Initial public issue of 13,25,000 equity shares of face value of Rs. 10/- each of Ideal Technoplast Industries Limited (Ideal or the Company or the Issuer) for cash at a price of Rs. 121/- per equity share including a share premium of Rs. 111/- per equity share (the Issue Price) aggregating to Rs. 16.03 crores (The Issue), of which 67,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 121/- per equity share including a share premium of Rs. 111/- per equity share aggregating to Rs. 0.81 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 12,58,000 equity shares of face value of Rs. 10/- each at a price of Rs. 121/- per equity share including a share premium of Rs. 111/- per equity share aggregating to Rs. 15.22 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.50% and 25.16% 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 Rs. 121/-. The issue price is 12.10 times of the face value.
To meet capital expenditure. General corporate purposes.
Ideal Technoplast Industries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - cs@idealtechnoplast.com
Website - www.idealtechnoplast.in