Business Standard

Porwal Auto Components Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

37.50 cr

Price Range (₹)

75

Lot Size

80

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiOTCEI

Open Date

17-Dec-2007

Close Date

20-Dec-2007

Listing Date

14-Jan-2008

Porwal Auto Components Ltd News

    The Shares of Porwal Auto Components Ltd have now been listed.

    Porwal Auto Components Ltd IPO Details

    Public issue of 50,00,000 equity shares of Rs.10/- each at a price of Rs.75/- per equity share for cash aggregating Rs.37.50 Crores (hereinafter referred to as the issue). The issue would constitute 33.11 % of the post issue paid-up capital of the company.Issue Price is Rs.75/- per equity shareThe issue price is 7.5 times of the face value

    Objective of issue

    To augment the ongoing Expn. of CI and SG Castings. Setting up of one Wind Mill for CaptiveConsumption. To Meet Working Capital Requirement.

    Porwal Auto Components Ltd Contact Details

    Porwal Auto Components Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - admin@porwalauto.com; shaileshjain@porwalauto.com

    Website - www.porwalauto.com