Tejaswi Packaging Ltd - IPO

Tejaswi Packaging Ltd IPO Details

Public issue of 23,06,000 equity shares of face value of Rs. 10 each fully paid up of tpl or the company or the issuer for cash at a price of Rs. 59 per equity share (the issue price) (including share premium of Rs.49 per equity share) aggregating Rs.13.61 Crores (the issue) by the company of which 1,58,000 equity shares of face value of Rs. 10 each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 21,48,000 equity shares of face value of Rs.10 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 36.00% and 33.53% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each. The issue price is Rs. 59.00. The issue price is 5.90 times the face value.

Objective of issue

Civil & Ancillary Constructions Expenses for Expansion. Purchase of Plant & Machinery for Expansion. General Corporate Purposes.

Tejaswi Packaging Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@tejaswipackaging.com

Website - www.tejaswipackaging.com