Polymac Thermoformers Ltd - IPO

Polymac Thermoformers Ltd IPO Details

Public issue of 22,00,000 equity shares of Rs. 10/- each (equity shares) of Polymac Thermoformers Limited (PTL or the Company or the issuer) for cash at a price of Rs. 35/- per share (the issue price), aggregating to Rs. 7.70 crores (the issue), of which, 1,20,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 20,80,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 46.01% and 43.50%, 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 3.50 times of the face value.

Objective of issue

Capital expenditure on existing manufact. capacity. Meet the margin for working capital requirement. Brand building & general corporate purposes.

Polymac Thermoformers Ltd Contact Details

Polymac Thermoformers Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - polymacthermo@gmail.com

Website - www.polymacthermoformers.com