Lex Nimble Solutions Ltd - IPO

Lex Nimble Solutions Ltd IPO Details

Public issue of 11,12,000 equity shares of face value of Rs. 10 each (equity shares) of Lex Nimble Solutions Limited (the company or the issuer) for cash at a price of Rs. 57 per equity share, including a share premium of Rs. 47 per equity share (the issue price), aggregating Rs. 6.34 crores (the issue), of which 56,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 57 per equity share, aggregating Rs. 0.32 crores will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 10,56,000 equity shares of face value Rs.10 each for cash at a price of Rs. 57 per equity share, aggregating Rs. 6.02 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.54% and 25.20% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each.The issue price is Rs.57 the issue price is 5.7 times the face value.

Objective of issue

Foraying into CMMI consulting. Establishment as an ISO certifying body. Customisation of simple law for the indian market. General corporate purposes.

Lex Nimble Solutions Ltd Contact Details

Lex Nimble Solutions Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investment@lexnimble.in

Website - www.lexnimble.in