Krupalu Metals Ltd - IPO

Krupalu Metals Ltd IPO Details

Initial public offer of 18,72,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Krupalu Metals Limited (the Company or the Issuer) for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the Issue Price), aggregating to Rs. 13.48 crores (the Issue), of which 94,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 0.68 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 17,77,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 12.80 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 31.88 % and 30.27 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. the minimum lot size is 1,600 equity shares.

Objective of issue

Funding Capital Expenditure towards purchase of additional plant and machinery. Working Capital Requirements. General Corporate purposes.

Krupalu Metals Ltd Contact Details

Krupalu Metals Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - compliance@krupalumetals.com

Website - www.krupalumetals.com