Indian Emulsifiers Ltd - IPO

Indian Emulsifiers Ltd IPO Details

Initial public offer of 32,11,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Indian Emulsifiers Limited (The Company or IEML or The Issuer) at an issue price of Rs. 132/- per equity share for cash, aggregating up to Rs. 42.39 crores (Public Issue) out of which 1,61,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating Rs. 2.13 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 30,50,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating upto Rs. 40.26 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.27% and 24.95% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding of capital expenditure requirements of the company towards purchase of plant & machinery civil work and installation cost theron. Funding working capital requirements of the company. General corporate purposes.

Indian Emulsifiers Ltd Contact Details

Indian Emulsifiers Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@indianemulsifiers.com

Website - www.indianemulsifiers.com