Lokesh Machines Ltd - IPO

Lokesh Machines Ltd IPO Details

Public issue of 30,00,000 Equity Shares of Rs. 10/- each for cash at a price of Rs.140 per Equity Share aggregating Rs.42.00 crores by Lokesh Machines Limited (the Company or Issuer) (hereinafter referred to as the Issue). The issue would constitute 25.47% of the fully diluted post issue paid up capital of the Company.Issue Price Rs.140 Per Equity Share of face value of Rs.10/-.The Issue price is 14 times the face value

Objective of issue

Set up facil. for machi & supply of Cylinder Block. Modernis. of existing facilites for Machine & Tool. Additional Working Capital Margin.

Lokesh Machines Ltd Contact Details

Lokesh Machines Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - cosecy@lokeshmachines.com; info@lokeshmachines.com

Website - www.lokeshmachines.com