Kaarya Facilities & Services Ltd - IPO

Kaarya Facilities & Services Ltd IPO Details

Public issue of 15,99,000 equity shares of face value of Rs. 10.00 each of Kaarya Facilities and Services Limited (The Company or The Issuer) for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) (Issue Price) aggregating to Rs. 6.40 crores (The Issue). Of the issue, 81,000 equity shares aggregating to Rs. 0.32 crores will be reserved for subscription by market maker (Market Maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,18,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 40.00 per equity share aggregating to Rs. 6.07 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 34.20% and 32.47%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 40.00 is 4.00 times of the face value.

Objective of issue

To meet working capital requirements. Purchase of equipment. Purchase ERP Software. Purchase of Employee uniforms.

Kaarya Facilities & Services Ltd Contact Details

Kaarya Facilities & Services Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@kaarya.co.in

Website - www.kaarya.co.in