KRM Ayurveda Ltd - IPO

KRM Ayurveda Ltd IPO Details

Initial public offering up to 57,40,000 equity shares of Rs. 10/- each (Equity Shares) of KRM Ayurveda Limited (KRM or theCompany) for cash at a price of Rs. 128-Rs. 135 per equity share (the Issue Price), including a share premium of Rs. [*] per equity share (the issue price) aggregating to Rs. 73.47-Rs. 77.49 crores (the Issue). Out of the issue 4,24,000 equity shares aggregating to Rs. 5.43-Rs. 5.72 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of upto 53,16,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 128-Rs. 135 per equity share aggregating to Rs. 68.04-Rs. 71.77 crores (the Net Issue). The issue and net issue will constitute 27.00% and 25.00% respectively of the post-issue paid-up equity share capital of the company.Price Band: Rs. 128/- to Rs. 135/- per equity share of face value Rs. 10/- each. The floor price is 12.80 times the face value and cap price is 13.50 times the face value of the equity shares. Bids can be made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.

Objective of issue

Capital Expenditure for Construction and Development of Telemedicine Operational Facilities. Purchase of CRM Software and Hardware Infrastructure. Human Resources. Repayment/Prepayment of loan. Working Capital Requirement.

KRM Ayurveda Ltd Contact Details

KRM Ayurveda Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - compliance@krmayurveda.com

Website - www.krmayurvedaindia.com