Fixed Price - SME
₹ 4.49 cr
₹ 24
6000
₹ 1,44,000.00
BSE - SME
30-Aug-2019
04-Sept-2019
13-Sept-2019
The Shares of Novateor Research Laboratories Ltd have now been listed.
Initial Public Issue of 18,72,000 equity shares of face value of Rs. 10 each (equity shares) of Novateor Research Laboratories Limited (the company or the issuer) for cash at a price Rs. 24 per equity share (including a share premium of Rs. 14 per equity share) (issue price) aggregating to Rs. 4.49 Crores (the issue), of which 96,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 24 per equity share, aggregating to Rs.0.23 Crores will be reserved for subscription by market Maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,76,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 24 per equity share aggregating to Rs. 4.26 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 38.72 %and 36.74 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price of Rs. 24 i.e. 2.4 times of the face value.The Minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.
Additional Working Capital.
Novateor Research Laboratories Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032
Phone - 91-40-67162222
Fax - 91-40-23001153/23420814
Email - compliancenovateor&gmail.com
Website - www.novateor.com