| Novateor Research Laboratories Ltd |
|
Registered Office:
B-1001 10th Floor Block-B,Titanium City Center 100ftRoad
,
Ahmedabad
-
380015
,
Gujarat
, India.
Phone :
91-79-4039 5888 Fax:
Email : compliancenovateor&gmail.com
Website : www.novateor.com
|
Initial Public Issue of 18,72,000 equity shares of face value of  10 each ("equity shares") of Novateor Research Laboratories Limited ("the company" or "the issuer") for cash at a price 24 per equity share (including a share premium of 14 per equity share) ("issue price") aggregating to 4.49 Crores ("the issue"), of which 96,000 equity shares of face value of 10 each for a cash price of 24 per equity share, aggregating to 0.23 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 17,76,000 equity shares of face value of 10 each at an issue price of 24 per equity share aggregating to 4.26 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 38.72 %and 36.74 %, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is 10 each and the issue price of 24 i.e. 2.4 times of the face value.
The Minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 30-Aug-19 |
04-Sep-19 |
Rs24.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :6000 Further Multiples of :6000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
4.49 |
| First Overseas Capital Ltd |
|
| Project Financed through Current Offer |
4.49 |
|
| Post Issue Equity Share Capital |
4.83 |
|
| Issue Price |
Rs24.00 |
|
|