Business Standard

Kotyark Industries Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

11.26 cr

Price Range (₹)

51

Lot Size

2000

Min Investment (₹)

1,02,000.00

Listing Exchange

NSE - SME

Open Date

21-Oct-2021

Close Date

25-Oct-2021

Listing Date

02-Nov-2021

Kotyark Industries Ltd News

    The Shares of Kotyark Industries Ltd have now been listed.

    Kotyark Industries Ltd IPO Details

    Public Issue of upto 2208000 equity shares of Rs. 10/- each of Kotyark Industries Limited (KIL or The Company or The Issuer) for cash at a price of Rs. 51.00 per equity share including a share premium of Rs. 41.00 per equity share (TheIssue Price) aggregating to Rs. 11.26 Crores (The Issue) of which 1,12,000 equity shares of Rs. 10/- each for a cash at a price of Rs. 51.00 per equity shares including a share premium of Rs. 41.00 per equity share aggregating to Rs. 0.57 crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 20,96,000 equity shares of Rs. 51.00 each including a share premium of Rs. 41.00 per equity share aggregating to Rs. 10.69 Crores hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.68% and 25.33% respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- The Issue price is Rs. 51.00 times of the face value.

    Objective of issue

    To Meet Working Capital Requirement. General Corporate Expensess.

    Kotyark Industries Ltd Contact Details

    Kotyark Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - info@kotyark.com

    Website - www.kotyark.com