Meir Commodities India Ltd - IPO

Meir Commodities India Ltd IPO Details

Initial public offering of up to 88,23,530 equity shares of face value of Rs. 10/- each (Equity Shares) of Meir Commodities India Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores comprising a fresh issue of up to 52,94,118 equity shares aggregating up to Rs. [*] crores by the company (Fresh Issue) and an offer for sale of up to 35,29,412 equity shares aggregating up to Rs. [*] crores (Offered Shares) by Rahil Irfan Iqbal Shaikh the Selling Shareholder or Promoter Selling Shareholder), (Offer for Sale, together with the fresh issue, the Offer). The offer will constitute [*] % of the post-offer paid-up equity share capital. The face value of the equity shares is Rs. 10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Meir Commodities India Ltd Contact Details

Meir Commodities India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investor@meirindia.com

Website - www.meirindia.com