Business Standard

Pennar Engineered Building Systems Ltd(Merged) - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

156.19 cr

Price Range (₹)

178

Lot Size

80

Min Investment (₹)

14,240.00

Listing Exchange

MumbaiNSE

Open Date

25-Aug-2015

Close Date

27-Aug-2015

Listing Date

10-Sept-2015

Pennar Engineered Building Systems Ltd(Merged) News

    The Shares of Pennar Engineered Building Systems Ltd(Merged) have now been listed.

    Pennar Engineered Building Systems Ltd(Merged) IPO Details

    Public Issue of 8774567 Equity shares of face value of Rs. 10 each (The Equity Shares of Pennar Engineered Building Systems Ltd, (The Company or the Issuer) for cash at a price of Rs. 178 per equity share (including a share premium of Rs.168 Equity share) Aggregating to Rs. 156.19 Crores consisting of a fresh issue of 3258426 Equity shares aggregating to 58 Crores by the company (The Fresh Issue) and an offer for sale of 5516141 Equity shares by the selling shareholders aggregating to Rs. 98.19 Crores (The Offer for sale and the fresh issue are together referred to as the issue). The issue will constitute 25.60% of the fully diluted post issue paid-up equity share capital of the company.Issue price : Rs. 178 per equity share of face value of Rs. 10 each.The issue price is 17.8 times the face value.Anchor investor issue price : Rs. 178 per equity share.

    Objective of issue

    Repayment/prepayment of certain loans. Financing the procurement of infrastructure. General corporate purposes.

    Pennar Engineered Building Systems Ltd(Merged) Contact Details

    Pennar Engineered Building Systems Ltd(Merged), Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - cs@pebspennar.com

    Website -