Panchatv Bharat Ltd - IPO

Panchatv Bharat Ltd IPO Details

Public issue of 17,56,800 equity shares of face value of Rs. 10/- each of Panchatv Bharat Limited (PBL) or the Company or the Issuer) for cash at a price of Rs.120.00 per equity share including a share premium of Rs. 110.00 per equity share ( the Issue Price ) aggregating to Rs. 21.08 crores (The Issue) of which 91,200 equity shares of face value of Rs. 10/- each, for cash at a price of Rs.120.00 per equity share including a share premium of Rs. 110.00 per equity share aggregating to Rs. 1.09 crores will be reserved for subscription by the market maker to the issue (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 16,65,600 equity shares of face value of Rs. 10/- each, at a price of Rs. 120.00 per equity share including a share premium of Rs. 110.00 per equity share aggregating to Rs. 19.99 crores is herein after referred to as the Net Issue. The issue and net issue will constitute 30.02% and 28.47%, respectively, of the post-issue paid-up equity share capital of the company.Price Band: Rs. 120 per equity share of face value Rs.10/- each.The floor price is 12.0 times of the face value of the equity shares.Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Funding of capital expenditure towards purchase of property. Working Capital Requirement. General corporate purposes.

Panchatv Bharat Ltd Contact Details

Panchatv Bharat Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@panchatvlimited.com

Website - www.panchatvlimited.com