Narayani Steels Ltd

- Pantomath Capital Advisors Pvt Ltd

Public issue of 36,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Narayani Steels Limited (The Company or The Issuer) for cash at a price of Rs. 32 per equity share, including a share premium of Rs. 22 per equity share (The Issue Price), aggregating Rs. 11.52 crores (The Issue), of which 1,88,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 32 per equity share, aggregating Rs. 0.60 crores will be reserved for subscriptions by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. issue of 34,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 32 per equity share, aggregating Rs. 10.92 crores is hereinafter refered to as the Net Issue. The issue amd the net issue will constitute 33.00% and 31.28% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 32 is 3.2 times of the face value of the equity shares.

  • Issue

    • Opens On01 Sep 2016
    • Closes On06 Sep 2016
  • Money Payable On

    • Application32
    • Allotment0
  • Project Cost (Cr.)11.52
  • Post Issue Equity Share Capital (Cr.)10.91
  • Issue Price (D)32

Further Multiples of: 4000

Projects

  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    23A N S Road 7th Floor Room 31 Kolkata

    West Bengal- 700001

    Phone - 91-33-46025371

    Fax -

    Email - info@narayanisteels.com

    Website - www.narayanisteels.com

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