IPO SYNOPSIS

Latteys Industries Ltd
Registered Office:
Plot No 16 Phase-1/2,GIDC Estate Naroda,
Ahmedabad - 382330,
Gujarat, India.
Public issue of 12,22,000 equity shares of face value of (₹) 10 each ("equity shares") of Latteys Industries Limited (the "company" or the "issuer") for cash at a price of (₹) 66 per equity' share, including a share premium of (₹) 56 per equity share (the "issue price"), aggregating (₹) 8.07 Crores ("the issue"), of which 62,000 equity' shares of face value of (₹) 10 each for cash at a price of (₹) 66 per equity' share, aggregating (₹) 0.41 Crores well be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 11,60,000 equity shares of face value of (₹) 10 each for cash at a price of (₹) 66 per equity' share, aggregating (₹) 7.66 Crores is hereinafter refered to as the "net issue". The issue and the net issue well constitute 26.57% and 25.22% respectively of the fully diluted 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 (₹) 66 is 6.6 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-May-18
28-May-18
66.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
8.07
Pantomath Capital Advisors Pvt Ltd
Project Financed
8.07
 
Post Issue
4.60
 
Issue Price
66.00
 
Projects
Funding the Working Capital requirements of the company
General Corporate Purposes
Promoted By
Kapoor Chand Garg
Pawan Garg
Listing At
NSE - SME
Registrar to the Issue
No Data Available!!!
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