Poojaa Precision Engg. Ltd - IPO

Poojaa Precision Engg. Ltd IPO Details

Initial public offer of upto 53,10,000 equity shares of face value of Rs. 10/- each (the equity shares) of Poojaa Precision Engg. Limited (formerly known as Pooja Castings Pvt. Ltd.) (the company or PPEL or the issuer) at an issue price of Rs. [*] per equity share (including share premium of Rs.[*] per equity share) for cash, aggregating up to Rs.[*] crores (public issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.62 % and [*] % respectively of the post- issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding capital expenditure towards setting up of manufacturing facility at Gat No. 382,383, 386, 387, 312 Village, Tal. - Khed, Dist. - Pune - 410501, India. To meet working capital requirements. General corporate purposes.

Poojaa Precision Engg. Ltd Contact Details

Poojaa Precision Engg. Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@poojaaprecisionengg.in

Website - www.poojacastings.in