Technocraft Ventures Ltd - IPO

Technocraft Ventures Ltd IPO Details

Initial public offering of up to 11,881,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Technocraft Ventures Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (Offer Price) (Including a Premium of Rs. [*] per Equity Share) aggregating up to Rs. [*] crores (the Offer). The offer comprises of a fresh issue of up to 9,505,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores by the company (the Fresh Issue) and an offer for sale of up to 2,376,000 equity shares by Kartikey Constructions (Partnership Firm) (the Promoter Selling Shareholder) and referred to as, the Selling Shareholder (the Offer for Sale). The offer would constitute [*]% of the post-offer paid-up equity share capital. The face value of the equity shares is Rs. 10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Funding working capital requirements of our Company. General Corporate Purpose.

Technocraft Ventures Ltd Contact Details

Technocraft Ventures Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@technocraftventures.com

Website - www.technocraftventures.com