Modern Tube Industries Ltd - IPO

Modern Tube Industries Ltd IPO Details

Public issue of [*] equity shares of Rs. 10/- each (The Equity Shares) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating to Rs. 65.00 crores (The Issue) by Modern Tube Industries Limited (MTIL or The Company or The Issuer). The issue shall constitute [*]% of the post issue share capital of the company.Price Band: Rs. [*] to Rs. [*] per equity share of face value Rs. 10 each.

Objective of issue

Expansion of existing manufacturing facility. Meet the additional working capital requirement. General corporate purposes.

Modern Tube Industries Ltd Contact Details

Modern Tube Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ipo@moderntubes.com

Website - www.moderntubes.com