Paramesu Biotech Ltd - IPO

Paramesu Biotech Ltd IPO Details

Initial public offering of [*] equity shares of face value of Rs.5 each (equity shares) of our company for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) (offer price) aggregating up to Rs.600 crores (the offer) comprising a fresh issue of [*] equity shares of face value of Rs.5 each aggregating up to Rs.520 crores by our company (the fresh issue) and an offer for sale of [*] equity shares of face value of Rs.5 each (the offered shares) aggregating up to Rs.80 crores by the promoter selling shareholder, unimark business solutions private limited (the offer for sale and together with the fresh issue the offer). The face value of the equity share is Rs.5 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by our company in consultation with the book running lead manager.

Objective of issue

Funding the capital expenditure requirements for setting up of new plant of 1200 TPD at its proposed facility in. Repayment and/or pre-payment in part or full of certain borrowings availed by the company. General corporate purposes.

Paramesu Biotech Ltd Contact Details

Paramesu Biotech Ltd, 3rd Flr 306 Rightwin, Amrutha Ville, Somajiguda, Hyderabad-500082

Phone - 91-40-23374967/23370295

Fax - 91-40-23370295

Email - cs@paramesu.com

Website - www.paramesu.com