Modis Navnirman Ltd - Prospectus Synopsis

Modis Navnirman Ltd pdf Icon RHP

Registered Office : Shop 5 CTS 947/A Kandivali (W) , Rashmi Tara Datta Mandir , Mumbai - 400067 , Maharashtra , India.

Phone : 91-98199 89100  Fax :

Email :info@modisnirman.com    Website : www.modisnirman.com

Initial public offer of 12,60,000 equity shares of Rs. 10 each (Equity Shares) of Modis Navnirman Limited (MNL or the Company) for cash at a price of Rs. 180 per share (the Issue Price), aggregating to Rs. 22.68 crores (The Issue), of which 68,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 11,92,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.79% and 28.18%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 18 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
6/23/2022 12:00:00 AM 6/28/2022 12:00:00 AM Rs 180 - 0Rs 0 - 0
Minimum Application for shares in Nos : 800 Further Multiples of : 800
 Rs CrLead Managers to the Issue
Project Cost 22 -
Project Financed through Current Offer 22.68  
Post Issue Equity Share Capital 22  
Issue PriceRs. 180 
Projects
Investment in subsidiary company - SMNPL for repayment of its outstanding unsecured loans
Promoted ByListing AtRegistrar to the Issue
Dineshkumar Modi
Mahek Modi
Rashmi Modi
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