Innovative Tyres & Tubes Ltd

- Pantomath Capital Advisors Pvt Ltd

Initial public offer consisting of fresh issue of 62,97,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 45 per equity share (the issue price) (including a share premium of Rs. 35 per equity share) aggregating Rs. 28.34 crores (the issue), of which 3,27,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 1.47 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 8,70,000 equity shares of Rs. 10/- each for cash at price of Rs. 45 per equity share aggregating Rs. 3.92 crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 51,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share, aggregating Rs. 22.95 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 35% and 28.35% respectively of the fully diluted post issue paid up equity share capital of the company.The Face value of the equity share is Rs. 10/- each.The issue price is Rs.45/- and is 4.5 times the face value of the equity shares.

  • Issue

    • Opens On22 Sep 2017
    • Closes On26 Sep 2017
  • Money Payable On

    • Application45
    • Allotment0
  • Project Cost (Cr.)28.34
  • Post Issue Equity Share Capital (Cr.)17.99
  • Issue Price (D)45

Further Multiples of: 3000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Link Intime India Pvt Ltd

    1201 1202 1203 GIDC Halol Panchmahals

    Gujarat- 389350

    Phone - 91-267-6220621

    Fax -

    Email - investors@innovativetyres.co.in

    Website - www.innovativetyres.com

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