TGIF Agribusiness Ltd - IPO

TGIF Agribusiness Ltd IPO Details

Initial public offer of upto 6,87,600 equity shares of face value of Rs. 10/- each (the Equity Shares) of Tgif Agribusiness Limited (The Company or The Issuer) at an issue price of Rs. 93 per equity share for cash, aggregating up to Rs. 6.39 crores (Public Issue) out of which 34,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating Rs. 0.32 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 6,52,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating upto Rs. 6.07 crores is here in after referred to as the Net Issue. The public issue and net issue will constitute 26.57% and 25.23% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Purchase of agricultural equipment & irrigation systems. To meet working capital requirements. General corporate purposes.

TGIF Agribusiness Ltd Contact Details

TGIF Agribusiness Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@tgifagribusiness.com

Website - www.tgifagri.com