Panchatv Bharat Ltd - IPO

Panchatv Bharat Ltd IPO Details

Initial public offering of upto 16,75,200 equity shares of Rs. 10 each (Equity Shares) of Panchatv Bharat Limited (PBL or the Company) for cash at an issue price of Rs. 108.00 per equity share (the Issue Price), aggregating to Rs. 18.09 crores (The Issue), out of the issue, 84,000 equity shares aggregating to Rs. 0.91 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 15,91,200 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 108.00 per equity share aggregating to Rs. 17.19 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.03% and 27.58%, 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 is 10.8 times of the face value of the equity shares.

Objective of issue

Capital expenditure for setting up of corporate office and warehousing at. 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