Jaikumar Constructions Ltd - IPO

Jaikumar Constructions Ltd IPO Details

Public issue of upto 79,00,000 equity shares of Rs. 10 each (Equity Shares) of Jaikumar Constructions Limited (JCL or The Company) for cash at a price of Rs. [*] per share (The Issue Price), aggregating to Rs. [*] crores (The Issue). The issue will constitute 28.32% of the fully diluted post issue paid-up equity share capital of the company.The Face Value of equity shares is Rs. 10 each.

Objective of issue

Development of the residential Project - Parksyde Nest (Phase I). Further Investment in subsidiary for part-financing the construction of Parksyde Business Avenue. Repayment of outstanding unsecured loans. General corporate purposes.

Jaikumar Constructions Ltd Contact Details

Jaikumar Constructions Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@parksyde.com

Website - www.parksyde.com