Kridhan Infra Ltd - IPO

Kridhan Infra Ltd IPO Details

Public issue of 3217153 equity shares of Rs. 10/- each at a price of Rs. 108 per equity share (including a premium of Rs. 98 per equity share) for cash aggregating upto Rs. 34.75 crores (The Issue), by Readymade Steel India Limited (The Company or The Issuer). The issue will constitute 27.45% of the fully diluted post issue paid-up capital of the company.Issue Price Rs 108/ per Equity Share of Face Value of Rs 10/ eachThe issue price is 10.8 times of the face value

Objective of issue

To part finance the cost of enhancing the capacity. To meet the pre-operative expenses. To meet margin money req. of working capital. To meet general corporate purposes.

Kridhan Infra Ltd Contact Details

Kridhan Infra Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - cs@kridhan.com; info@kridhan.com

Website - www.kridhan.com