Simplex Projects Ltd - IPO

Simplex Projects Ltd IPO Details

Issue of 30,00,000 equity shares of Rs.10 each for cash at a price of Rs. 185 per equity share (including share premium of Rs. 175 per share) aggregating Rs. 55.50 Crores by Simplex Projects Limited (company or issuer). The issue will constitute 25.00% of the fully diluted post-issue paid-up capital of simplex projects Limited (Company).Issue Price: Rs. 185 per equity share of face value of Rs. 10 eachThe issue price is 18.5 times the face value.

Objective of issue

Augment Long Term Working Capital Requirement. Acquire Plant & Machinery. Investment in Subsidiary. General Corporate Purposes.

Simplex Projects Ltd Contact Details

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

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@simplexprojects.com

Website - www.simplexprojects.com