Nanta Tech Ltd - IPO

Nanta Tech Ltd IPO Details

Initial public offer of upto 14,46,000 equity shares of face value of Rs.10/- each (the Equity Shares) of Nanta Tech Limited (the Company or Nanta or the Issuer) for cash at a price of Rs.209-Rs. 220/- per equity share including a share premium of Rs. 199- Rs. 210/- per equity share (the Issue Price) aggregating to Rs. 30.22-Rs. 31.81 crores (the Issue), of which upto 86,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 209-Rs. 220/- per equity share including a share premium of Rs. 199-Rs. 210/- per equity share aggregating to Rs. 1.81-Rs. 1.90 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 upto 13,59,600 equity shares of face value of Rs.10/- each at a price of Rs. 209-Rs.220/- per equity share including a share premium of Rs. 199- Rs.210/- per equity share aggregating to Rs. 28.42.06-Rs. 29.91 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.19% and 26.50% respectively of the post issue paid up equity share capital of the company.Price Band: 220/- per equity share of face value of Rs. 10/- each. The floor price is 22 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.

Objective of issue

Funding capital expenditure requirements of the company towards setting up an experience centre cum product display area. Funding working capital requirements of the company. General corporate purposes.

Nanta Tech Ltd Contact Details

Nanta Tech Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@nantatech.in

Website - www.nantatech.com