Business Standard

Precision Camshafts Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

410.19 cr

Price Range (₹)

186

Lot Size

80

Min Investment (₹)

14,880.00

Listing Exchange

MumbaiNSE

Open Date

27-Jan-2016

Close Date

29-Jan-2016

Listing Date

08-Feb-2016

Precision Camshafts Ltd News

    The Shares of Precision Camshafts Ltd have now been listed.

    Precision Camshafts Ltd IPO Details

    Initial Public Offiring of 22,053,225 Equity shares of face value of Rs. 10 each (The Equity Shres) of Precision Camshafts Ltd (Precision Camshafts or the Company or The Issuer) for cash at a price of Rs. 186 per Equity share (including a share premium of Rs. 176 per equity share) (The offer price) aggregating up to Rs. 410.19 Crores (The offer). The offer comprises a fresh issue of 12,903,225 equity shares aggregating up to Rs. 240 Crores by the company (The Fresh issue) and an offer for sale of 9,150,000 Equity shares aggregating up to Rs. 170.19 Crores by the selling shareholders. (The offer for sale). The offer constitute 23.28% of the post-offer paid-up equity share capital of the company.The Face value the equity shares is Rs. 10 each and the offer price is Rs. 186 per equity share, which is 18.6 times the face value of the equity share.

    Objective of issue

    Establishment of a machine. General Corporate purposes.

    Precision Camshafts Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - sskuber@pclindia.in; info@pclindia.in

    Website - www.pclindia.in