Metal Care Alloys Ltd - IPO

Metal Care Alloys Ltd IPO Details

Initial public issue of upto 3912000 equity shares of face value of Rs. 10/- each of Metal Care Alloys Limited (Metal Care Alloys, MCAL or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after 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/- each.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Working capital requirements. General corporate purposes.

Metal Care Alloys Ltd Contact Details

Metal Care Alloys Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@metalcare.co.in

Website - www.metalcare.co.in