Malwa Industries Ltd - IPO

Malwa Industries Ltd IPO Details

Public issue of 2,00,00,000 equity shares of Rs. 10 each for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) aggregating Rs.[*] Crores, consisting of a fresh issue of 1,50,00,000 equity shares by Malwa Industries Limited (company or issuer) and an offer for sale of 50,00,000 equity shares by Malwa Cotton Spinning Mills Limited, Jangi Growth Fund Private Limited, Neelam Growth Fund Private Limited and Rishi Growth Fund Private Limited (collectively referred to as the selling shareholders). The fresh issue and the offer for sale are jointly referred to herein as the issue. The issue would constitute 36.20 % of the fully diluted post issue paid-up capital of the company.Price band: Rs.[*] to Rs.[*] per equity share of face value Rs. 10The face value of the shares is Rs.10 and the floor price is [*] times of the face value and the cap price is [*] times of the face value.

Objective of issue

Malwa Industries Ltd Contact Details

Malwa Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - corporate@malwagroup.com

Website - www.malwagroup.com