Repono Ltd - IPO

Repono Ltd IPO Details

Initial public issue of upto 27,79,200 equity shares of face value of Rs.10.00/- each (equity shares) of repono limited (the company or the issuer) for cash at a price of Rs.96 per equity share (the issue price), (including a premium of Rs.86 per equity share), aggregating Rs.26.68 crores (the issue), of which 1,39,200 equity shares of face value of Rs.10.00/- for cash at a price of Rs.96 each aggregating Rs.1.34 crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 26,40,000 equity shares of face value of Rs.10.00/- each for cash at a price of Rs.96 per equity share, aggregating to Rs.25.34 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute upto 27.18% and 25.80% respectively of the post issue paid-up equity share capital of the company.

Objective of issue

Funding capital expenditure towards purchase of Forklift Hand Pallet Trolley Reach stacker. Funding of capital expenditure requirements of the company towards set up Warehouse Racking Sysytems. Funding towards the Development of Software for Warehouse Management. Funding the working capital requirements of the company. General corporate purposes.

Repono Ltd Contact Details

Repono Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@repono.in

Website - https:, repono.in