Mittal Commerce Classes Ltd - IPO

Mittal Commerce Classes Ltd IPO Details

Initial public offer of upto 15,12,000 equity shares of face value of Rs.10/- each (The Equity Shares) of Mittal Commerce Classes Limited (TheCompany or MCCL or The Issuer) at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10 each, At an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The public issue less market maker reservationportion i.e. issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and [*]% respectively of the post-issuepaid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company in consultation with the brlm.

Objective of issue

Funding of capital expenditure towards setting up of new coaching centres and for security deposit of the new centres. Branding and marketing expenditure. General corporate purposes.

Mittal Commerce Classes Ltd Contact Details

Mittal Commerce Classes Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - info@mccjpr.com

Website - www.mccjpr.com