Inflame Appliances Ltd |
|
Registered Office:
Khewat Khatoni No 45/45,KhasraNo942/855/1 VilKalyanpur
,
Solan
-
173205
,
Himachal Pradesh
, India.
Phone :
91-1795-246820 Fax:
Email : info@inflameindia.com
Website : www.inflameindia.com
|
Initial public issue of 12,00,000 equity shares of face value of 10 each ("equity shares") of Inflame Appliances Limited ("the company" the "issuer") fthe cash at a price of 54.00 per equity share (including a share premium of 44.00 per equity share) ("issue price") aggregating to 6.48 Crores ("issue") of which 64,000 equity shares of face value of 10.00 each fthe a cash price of 54.00 per equity share, aggregating to 0.35 Crores will be reserved fthe subscription by market maker ("market maker reservation pthetion"). The issue less the market maker reservation pthetion i.e. Issue of 11,36,000 equity shares of face value
of 10.00 each at an issue price of 54.00 per equity share aggregating to 6.13 Crores (is hereinafter referred to as the "net
issue"). The issue and the net issue will constitute 30.00% and 28.40%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is 10.00 each and the issue price is 54.00. The issue price is 5.4 times of the face value.
|
Issue |
Money Payable On |
|
Opens On |
Closes On |
Application |
Allotment |
|
06-Mar-18 |
08-Mar-18 |
Rs54.00-0.00 |
Rs0.00-0.00 |
Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
|
RsCr |
Lead Managers to the Issue |
|
Project Cost |
6.48 |
|
Project Financed through Current Offer |
6.48 |
|
Post Issue Equity Share Capital |
4.00 |
|
Issue Price |
Rs54.00 |
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