Worth Infra Industries Ltd - IPO

Worth Infra Industries Ltd IPO Details

Public issue of 23,04,000 equity shares of Rs. 10/- each (equity shares) of Worth Infra Industries Limited (WIIL or the Company) for cash at a price of Rs. 20/- per share (the issue price), aggregating to Rs. 4.61 crores (the issue) consisting of fresh issue of 6,00,000 equity shares aggregating to Rs. 1.20 crores and an offer for sale of 17,04,000 equity shares by the selling shareholders aggregating to Rs. 3.41 crores (offer for sale), of which 1,20,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 21,84,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 41.31% and 39.16%, respectively of the post issue paid up equity share capital of the company.

Objective of issue

Working Capital Requirements. Expenditure for general corporate purposes.

Worth Infra Industries Ltd Contact Details

Worth Infra Industries Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

Phone - 91-22-67720300/400

Fax - 91-22-28591568

Email - info@worthinfra.com

Website - www.worthinfra.com