Multiplier AI Ltd - IPO

Multiplier AI Ltd IPO Details

Initial public offer of upto 35,00,000 equity shares of face value of Rs.10/- each (the equity shares) of Multiplier AI Limited (the company or the issuer) at an issue price of Rs.[*]/- per equity share (including share premium 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 reservation portion 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 [*]% and [*]% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Strategic growth in India and U.S Strengthening workforce IT investment and leasing of co-working spaces. Establishment of AI R&D Center (AI Server & Software). General corporate purposes.

Multiplier AI Ltd Contact Details

Multiplier AI Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@multipliersolutions.com

Website - www.multiplier.co