Topsun Energy Ltd - IPO

Topsun Energy Ltd IPO Details

Initial public issue of upto 72,00,000 equity shares of face value of Rs. 10/- each of Topsun Energy Limited (TEL or the Company or the Issuer) for cash at a price of Rs.[*] per equity share including a share premium of Rs.[*] per equity share (the Issue Price) aggregating to Rs.[*] (the Issue), of which [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*] per equity share including a sharepremium of Rs.[*] per equity share aggregating to Rs.[*] will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of [*] equity shares of face value of Rs.10/- each at a price of Rs. [*] per equity share aggregating to Rs.[*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Working Capital Requirements. General Corporate Purposes^.

Topsun Energy Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@topsunenergy.com

Website - www.topsunenergy.com