Business Standard

Race Eco Chain Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.50 cr

Price Range (₹)

10

Lot Size

10000

Min Investment (₹)

1,00,000.00

Listing Exchange

BSE - SME

Open Date

03-Mar-2014

Close Date

05-Mar-2014

Listing Date

18-Mar-2014

Race Eco Chain Ltd News

    The Shares of Race Eco Chain Ltd have now been listed.

    Race Eco Chain Ltd IPO Details

    Public issue of 65,00,000 equity shares of face value of Rs. 10 each (equity shares) of Anisha Impex Limited (the company or the issuer) for cash at par, aggregating Rs. 6.50 crores (the issue), of which 3,40,000 equity shares of Rs. 10 each for cash at par, aggregating Rs. 0.34 crores will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of Rs. 10 each for cash at par aggregating Rs. 6.16 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 39.56% and 37.49% respectively of the fully diluted 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 of Rs. 10 is 1 time of the face value.

    Objective of issue

    Augmenting long term working capital.

    Race Eco Chain Ltd Contact Details

    Race Eco Chain 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 - ipo@anishaimpex.com; contact@anishaimpex.com

    Website - www.anishaimpex.com