Stove Kraft Ltd RHP
Registered Office : 81/1 Medamarana Halli Village , Harohalli Hobli KanakapurTaluk , Bangalore Rural - 562112 , Karnataka , India.
Phone : 91-80-28016222 Fax : 91-80-28016209
Email :cs@stovekraft.com Website : www.stovekraft.com
Initial public offer of 10,717,532* equity shares of face value of Rs.10 each (equity shares) of Stove Kraft Limited (company or issuer) for Cash at a price of Rs. 385 per equity share (including a share premium of Rs. 375 per equity share) aggregating up to Rs. 412.63 Crores (offer) Comprising of a fresh issue of 2,467,532 equity shares aggregating up to Rs.95 Crores (fresh issue) and an offer for sale of 8,250,000 equity Shares comprising of 690,700 equity shares by the promoter, Rajendra Gandhi, 59,300 equity shares by the promoter, Sunita Rajendra Gandhi (promoter selling shareholders), 1,492,080 equity shares by Sequoia Capital India Growth Investment Holdings I (sci-gih) and 6,007,920 equity shares by SCI Growth Investments II (sci, together with sci-gih, investor selling shareholders) (the Investor selling shareholders together with the promoter selling shareholders, the selling shareholders), and such offered shares, The offered shares) aggregating up to Rs. 317.63 Crores (offer for sale). The offer will constitute 32.93%, of the post issue paid-up equity share Capital of the company. The Offer price Rs.385 per equity shares of Rs.10 each. The Offer price is 38.5 times of the face value.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
1/25/2021 12:00:00 AM | 1/28/2021 12:00:00 AM | Rs 385 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 38 Further Multiples of : 38 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 89.58 | Edelweiss Financial Services Ltd |
Project Financed through Current Offer | 412.63 | |
Post Issue Equity Share Capital | 89.58 | |
Issue Price | Rs. 385 |
Projects |
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Repayment/Pre-payment in full or part of certain borrowings availed by the company |
Promoted By | Listing At | Registrar to the Issue | ||
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| - | KFin Techologies Ltd |