Business Standard

India Green Reality Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

10.38 cr

Price Range (₹)

30

Lot Size

4000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

30-Sept-2016

Close Date

06-Oct-2016

Listing Date

18-Oct-2016

India Green Reality Ltd News

    The Shares of India Green Reality Ltd have now been listed.

    India Green Reality Ltd IPO Details

    Public issue of 34,60,000 equity shares of Rs.10 each (equity shares) of India Green Reality Limited (IGRL or the company or the issuer) for cash at a price of Rs. 30 per share (the issue price), aggregating to Rs. 10.38 crores (the issue) of which, 1,80,000 equity shares of Rs. 10 each 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. issue of 32,80,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.22% and 25.81%, 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 of Rs. 30 is 3.00 times of the face value.

    Objective of issue

    To meet working capital requirements. General corporate purpose.

    India Green Reality Ltd Contact Details

    India Green Reality Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - compliance@indiagreenreality.com

    Website - www.indiagreenreality.com