Navkkar Gold & Diamond Ltd - IPO

Navkkar Gold & Diamond Ltd IPO Details

Initial public issue of upto 19,00,000* equity shares of face value of Rs. 10/- each (equity shares) of Navkkar Gold & Diamond Limited (Navkkar or the company or the issuer) for cash at a price Rs. [*] per equity share (including a share premium of Rs. [*] /- per equity share) (the issue price) aggregating upto Rs. [*] crores, 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 upto Rs. [*] crores will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of upto [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share including a share premium of upto Rs. [*] aggregating to Rs. [*] crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute upto [*]% and [*]%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. [*] is [*] times of the face value.

Objective of issue

Funding towards Repayment or prepayment, in full or in part, of borrowings availed by its Company from banks and financial institutions.. Funding the working capital requirements of the Company. General corporate purposes.

Navkkar Gold & Diamond Ltd Contact Details

Navkkar Gold & Diamond Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - info@navkkarjewellers.com

Website - www.navkkarjewellers.com