Kumar Arch Tech Ltd - IPO

Kumar Arch Tech Ltd IPO Details

Initial public offer of up to [*] equity shares of face value of Rs. 2 each (equity shares) of Kumar Arch Tech Limited (the company or the company or the issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (the offer price) aggregating up to Rs. 740.00 crores (the offer) comprising a fresh issue of up to [*] equity shares having face value of Rs. 2 each by the company aggregating up to Rs. 240.00 crores (the fresh issue) and an offer for sale of up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs 500.00 crores (the offer for sale), comprising up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 227.00 crores by Jitendra Kumar Taylia, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 105.00 crores by Shubham Taylia, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 9.00 crores by Shakun Taylia, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 17.50 crores by Madhu Agrawal, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 7.00 crores by M.M.Thermoplast Private Limited, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 60.00 crores by Surbhi Jitendrakumar Taylia, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 6.00 crores by J.S. Construction, up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 7.00 crores by Rituraj Pipes and Plastics Private Limited, and up to [*] equity shares having face value of Rs. 2 each aggregating up to Rs. 61.50 crores by Tirupati Balaji Build-Con Private Limited (referred to as the selling shareholders and such equity shares offered by the selling shareholders, the offered shares). The offer shall constitute [*]%, of the post-offer paid-up equity share capital of the company.The face value of the equity share is Rs. 2 each and the offer price is [*] times the face value of equity share. The price band and the minimum bid lot will be determined by the company.

Objective of issue

Investment in its wholly owned subsidiary TIPL for financing its capital exp requirements for the greenfield projects in relation to the mfg of PVC based products. General corporate purposes.

Kumar Arch Tech Ltd Contact Details

Kumar Arch Tech Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@echon.co

Website - www.echon.co