Skinnovation Ltd - IPO

Skinnovation Ltd IPO Details

Initial public offer of up to 58,08,000 equity shares of face value of Rs. 10 each (the Equity Shares) of Skinnovation Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] Crores (Public Issue) out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. Issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] Crores is herein after referred to as the Net Issue. The public issue and net issue will constitute [*]% and [*]% respectively of the post- issue paid-up equity share capital of the company.The face value of equity shares is Rs. 10 each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

To Meet Working Capital Requirements of the company. Investment in the company Subsidiary, Skinselect Private Limited to meet its working capital requirements. General Corporate Purpose.

Skinnovation Ltd Contact Details

Skinnovation Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 022- 23016761 / 23018261

Fax - 91-22-23012517

Email - cs@skinnovation.in

Website - www.skinnovation.in