|
|
|
|
|
| Prospectus synopsis |
| |
|
|
Phone:+91 95400 57554 Fax:
|
| Initial public offer of 68,76,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 46-48 per equity share (including a share premium of Rs. 36-38 per equity share) for cash, aggregating to Rs. 31.63-33 Crores ("Public Issue") out of which 3,45,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 46-48 per equity share for cash, aggregating Rs. 1.59-1.66 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation portion"). The public issue less market maker reservation Portion i.e. Issue of 65,31,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 46-48 per equity share for cash, aggregating up to Rs. 30.04-31.35 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 33.02% and 31.36% respectively of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 46/- to Rs. 48/- per equity share of face value of Rs. 10/- each.
The floor price is 4.60 times the face value of the equity shares and the cap price is 4.80 times of the face value of the equity shares.
Bids can be made for a minimum of 6000 equity shares and in multiples of 3000 equity shares thereafter.
|
| 28-Aug-26 |
01-Sep-26 |
Rs
46.00-48.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
6000
Further Multiples of :
3000
|
| Project Cost |
0.00 |
| Horizon Management Private Limited |
|
| Project Financed through Current Offer |
31.63 |
|
| Post Issue Equity Share Capital |
20.82 |
|
| Issue Price |
Rs.46.00
|
|
|
|
|
| |
|
Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets
|
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
|
|
Funding the Working Capital requirement of the company
|
General corporate purposes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|