Business Standard

Kapston Services Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

21.20 cr

Price Range (₹)

92

Lot Size

1200

Min Investment (₹)

1,10,400.00

Listing Exchange

NSE - SME

Open Date

21-Mar-2018

Close Date

23-Mar-2018

Listing Date

04-Apr-2018

Kapston Services Ltd News

    The Shares of Kapston Services Ltd have now been listed.

    Kapston Services Ltd IPO Details

    Initial public offer of 23,04,000 equity shares of Rs. 10/- each (equity shares) of Kapston Facilities Management Limited (kfml or the company) for cash at a price of Rs. 92 per share (including a share premium of Rs. 82 per equity share) (offer price), aggregating to Rs. 21.20 Crores (the offer) consisting of a fresh isue of 11,52,000 equity shares aggregating to Rs. 10.60 Crores (fresh issue) and an offer for sale of 11,52,000 equity shares. Including 10,50,070 equity shares by Mr. Srikanth Kodali and upto 1,01,930 equity shares by Mr. Radha Krishna Pinnamaneni (the promoter selling shareholders) aggregating to Rs. 10.60 Crores (offer for sale). of which 1,17,600 equity shares of Rs. 10/- each at a price of Rs.92 per equity share aggregating to Rs. 1.08 Crores will be reseryed for subscription by market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Net offer of 21,86,400 equity shares of Rs. 10/- each (the net offer). The offer and the net offer well constitute 26.50% and 25.15%. Respectively of the post offer paid up equity share capital of the company.The face value of the equity share is Rs.10 each and the offer price is 9.2 times of the face value of the equity shares.

    Objective of issue

    To meet working capital requirements. Part repayment of Unsecured Loan. General corporate purposes.

    Kapston Services Ltd Contact Details

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

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@kapstonfm.com

    Website - www.kapstonfm.com