Business Standard

Poojawestern Metaliks Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

5.48 cr

Price Range (₹)

36

Lot Size

3000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

22-Sept-2017

Close Date

26-Sept-2017

Listing Date

05-Oct-2017

Poojawestern Metaliks Ltd News

    The Shares of Poojawestern Metaliks Ltd have now been listed.

    Poojawestern Metaliks Ltd IPO Details

    Public issue of 15,21,000 equity shares of face value of Rs. 10/- each (equity shares) of Poojawestern Metaliks Limited (the company or the issuer) for cash at a price of Rs. 36 /- per equity share, including a share premium of Rs. 26 /- per equity share (the issue price), aggregating Rs. 5.48 crores (the issue), of which 81,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36/- per equity share, aggregating Rs. 0.29 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 14,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 36/- per equity share, aggregating Rs. 5.19 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 29.99% and 28.40% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price of Rs. 36 is 3.6 times of the face value of the equity shares.

    Objective of issue

    Working capital requirements. General corporate purpose.

    Poojawestern Metaliks Ltd Contact Details

    Poojawestern Metaliks Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - info@poojametal.com

    Website - www.poojametal.com