Business Standard

Univastu India Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

5.99 cr

Price Range (₹)

40

Lot Size

3000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

14-Jul-2017

Close Date

19-Jul-2017

Listing Date

27-Jul-2017

Univastu India Ltd News

    The Shares of Univastu India Ltd have now been listed.

    Univastu India Ltd IPO Details

    Public issue of 14,97,000 equity shares of face value of Rs. 10.00 each of Univastu India Limited (The Company or The Issue) for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) (Issue Price) aggregating to Rs. 5.99 crores (The Issue). of the issue, 75,000 equity shares aggregating to Rs. 0.30 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 14,22,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 40.00 per equity share aggregating to Rs. 5.69 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.34% and 25.03%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 40 is 4.00 times of the face value.

    Objective of issue

    Augmenting additional working capital requirements. Purchase of equipment & tools. General corporate purposes.

    Univastu India Ltd Contact Details

    Univastu India Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - info@univastu.com

    Website - www.univastu.com