| Maharaja & Speedex India Ltd |
|
Registered Office:
C-5/1 First Floor,Wazirpur Industrial Area
,
New Delhi
-
110052
,
New Delhi
, India.
Phone :
Fax:
Email : apvca@rediffmail.com
Website : NA
|
Initial public offer of upto 43,08,000* equity shares of face value of 10/- each ("Equity Shares") of Maharaja & Speedex India limited ("The Company" or "The Issuer") at an offer price of 177-186 per equity share (including a share premium of 167-176 per equity share) for cash, aggregating up to 76.25-80.13 Crores ("Public Offer") comprising a fresh issue of upto 34,46,400 equity shares of face value of 10 each aggregating to 61-64.10 Crores (the "Fresh Issue") and an offer for sale of upto 8,61,600 equity shares of face value of 10 each comprising of 4,30,800 equity shares of face value of 10 each by Rakesh Kumar Aggarwal and upto 4,30,800 equity shares of face value of 10 each by Akash Aggarwal ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to 15.25-16.03 Crores, out of which 2,16,000 equity shares of face value of 10/- each, at an offer price of 177-186 per equity share for cash, aggregating 3.82-4.02 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 40,92,000 equity shares of face value of 10 each, at an offer price of 177-186 per equity share for cash, aggregating up to 72.43-76.11 Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post-offer paid-up equity share capital of the company.
Price Band: 177 to 186 per equity share of face value of 10 each.
The floor price is 17.70 times the face value of the equity shares and the cap price is 18.60 times the face value of the equity shares.
Bids can made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 10-Sep-26 |
15-Sep-26 |
Rs177.00-186.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :600 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
| Choice Capital Advisors Private Limited |
|
| Project Financed through Current Offer |
76.25 |
|
| Post Issue Equity Share Capital |
16.35 |
|
| Issue Price |
Rs177.00 |
|
|