Business Standard

Matrix Gas and Renewables Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Matrix Gas and Renewables Ltd News

    Matrix Gas and Renewables Ltd IPO Details

    Initial public issue of upto 56,00,000 equity shares of face value of Rs. 10/- each of Matrix Gas and Renewables Limited (Matrix or The Company) for cash at a price of [*] per equity share (including a share premium of [*] per equity share) (Issue Price) aggregating to [*] crores, of which [*] equity shares of face value of Rs. 10/- each at a price of [*] aggregating to [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion) and net issue to public of [*] equity shares of face value of Rs. 10/- each at a price of [*] aggregating to [*] lakhs (hereinafter referred to as the Net Issue) the issue and the net issue will constitute [*] and [*] respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each. The price band will be decided by the company.

    Objective of issue

    To meet working capital requirement. General corporate expenses.

    Matrix Gas and Renewables Ltd Contact Details

    Matrix Gas and Renewables Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@matrixgas.in

    Website - www.matrixgas.in