Piotex Industries Ltd - Prospectus Synopsis

Piotex Industries Ltd

Registered Office : F/II Block Plot No 16/2 , M I D C Pimpri , Pune - 411018 , Maharashtra , India.

Phone : +91-91567 44401  Fax :

Email :office@piotex.in    Website : www.piotexindustries.com

Initial public issue of 15,39,600 equity shares of Rs. 10/- each (Equity Shares) of Piotex Industries Limited (Piotex or the Company or the Issuer) for cash at a price of Rs. 94/- per equity share including a share premium of Rs. 84/- per equity share (the Issue Price), aggregating to Rs. 14.47 crores (The Issue), of which 78,000 equity shares of Rs. 10/- each for cash at a price of Rs. 94/- per equity share including a share premium of Rs. 84/- per equity share aggregating to Rs. 0.73 crores 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 14,61,600 equity shares of Rs. 10/- each including a share premium of Rs. 84/- per equity share aggregating to Rs. 13.74 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.17 % and 28.64%, 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 Rs. 94/- the issue price is 9.40 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
5/10/2024 12:00:00 AM 5/14/2024 12:00:00 AM Rs 94 - 0Rs 0 - 0
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
 Rs CrLead Managers to the Issue
Project Cost 13.22 -
Project Financed through Current Offer 14.47  
Post Issue Equity Share Capital 13.22  
Issue PriceRs. 94 
Projects
Funding the working capital requirement
Promoted ByListing AtRegistrar to the Issue
Abhay Shriram Asalkar
Yogesh Omprakash Nimodiya
- Cameo Corporate Services Ltd