Platinumone Business Services Ltd - IPO

Platinumone Business Services Ltd IPO Details

Public issue of upto 4,22,400 equity shares of face value of Rs. 10.00 each (equity shares) of Platinumone Business Services Limited (The company or The Issuer) for cash at a price of Rs.92.00 per equity share including a share premium of Rs.82.00 per equity share (The issue price) aggregating to Rs.3.89 crores(The issue) of which 21,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs.92.00 per equity share including a share premium of Rs.82.00 per equity share aggregating to Rs.0.20 crores will be reserved for subscription by market maker to the issue (The market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 4,00,800 equity shares of face value of Rs.10.00 each at a price of Rs.92.00 per equity share including a share premium of Rs.82.00 per equity share aggregating to Rs.3.69 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.69 % and 25.33 % respectively of the post-issue paid-up equity share capital of the company.The Face value of the equity shares is Rs. 10 and the issue price is 9.2 times of the face value of the equity shares.

Objective of issue

To meet working capital requirement. General corporate purposes.

Platinumone Business Services Ltd Contact Details

Platinumone Business Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@platinumone.co.in

Website - www.platinumone.in