Mayur Electromeck Ltd - IPO

Mayur Electromeck Ltd IPO Details

Initial public issue of upto 32,00,000 equity shares of face value of Rs.10/- each of Mayur Electromeck Limited forcash at an issue price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) (Issue Price) aggregating up to Rs. [*] Crores comprising of fresh issue of up to 32,00,000 equity shares aggregating to Rs. [*] Crores (Fresh Issue) (the Issue) and upto [*] equity shares at an issue price of Rs. [*] per share aggregating to Rs. [*] Crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of up to [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] Crores (net issue). The issue and the net issue will constitute [*]% and [*]% of the post-issue paid-up equity share capital of the company.

Objective of issue

To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for Manufacturing Facility (Unit III).. To part finance the requirement of Working Capital.. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company.. To meet General corporate purposes.

Mayur Electromeck Ltd Contact Details

Mayur Electromeck Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - mayur@mayurelectromeck.com

Website - www.mayurelectromeck.com