IPO SYNOPSIS

Dharan Infra-EPC Ltd
Registered Office:
2nd Floor Gulmohar Status,Above Business Bank SamarthNgr,
Nashik - 422005,
Maharashtra, India.
Public issue of 43,00,000 equity shares of face value of (₹) 10 each (the "equity shares") of Karda Constructions Limited (the "company" or "issuer") for cash at a price of (₹) 180 per equity share (including a share premium of (₹) 180 per equity share) aggregating to (₹) 77.40 Crores (the "issue") comprising of a fresh issue of 23,00,000 equity shares by the company aggregating up to (₹) 41.40 Crores (the "fresh issue") and an offer for sale of 20,00,000 equity shares by Mr. Naresh Karda (referredto as the selling shareholder") aggregating to (₹) 36 Crores ("offer for sale"). the issue would constitute 34.96%, of the post-issue paid-up equity share capital. The face value of equity shares is (₹)10 each. The issue price is (₹)180 per equity share which is 18 times the face value of the equity share.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-Mar-18
21-Mar-18
180.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 80     Further Multiples of : 80
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
38.78
Aryaman Financial Services Ltd
Project Financed
77.40
 
Post Issue
12.30
 
Issue Price
180.00
 
Projects
Part repayment of overdraft facilities
Part repayment of term loans
General corporate purpose
Promoted By
Naresh Karda
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
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