Public issue of 64,96,000 equity shares of Rs. 10 each (equity shares) of Marine Electricals (India) Limited (meil or the company) for cash at a price of Rs. 66 per share (the issue price), aggregating to Rs. 42.87 Crores (the issue), of which 3,36,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company.The face value of equity shares of Rs.10 each.The issue price is Rs.66 per equity share, which is 6.6 times of the face value of the equity share.
Money Payable On
Further Multiples of: 2000
B/1 Udyog Sadan No 3 MIDC Andheri (East) Mumbai
Phone - 91-22-40334300
Email - email@example.com
Website - www.marineelectricals.com
Share your Name and Mobile Number with us and get started