Benara Bearings & Pistons Ltd - Prospectus Synopsis

Benara Bearings & Pistons Ltd RHP

Registered Office : A-3 & 4 Site B Industrial Area , Sikandra , Agra - 282007 , Uttar Pradesh , India.

Phone : 91-562-2970158  Fax : 91-562-2970158

Email : investorgrievance@benara-phb.com    Website : www.benara-phb.com

Initial public offer consisting of fresh issue of 53,16,000* equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 63 per equity share (the issue price) (including a share premium of Rs. 53 per equity share) aggregating Rs. 33.49 Crores (the issue), of which 2,72,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 1.71 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 76,000 equity shares of Rs. 10/- each for cash at price of Rs. 63 per equity share aggregating Rs. 0.48/ Crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 49,68,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 31.30 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 30.02% and 28.06% respectively of the fully diluted post issue paid up equity share capital of the company. Issue Price: Rs.63 per equity share The face value of equity share is Rs.10/- each and issue price is Rs.63 is 6.30 times of the face value of equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-2018 22-Mar-2018 Rs 63 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 30.49 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 33.49  
Post Issue Equity Share Capital 17.71  
Issue Price Rs. 63  
Projects
Expansion of the company by way of operating retail stores for automobile parts across the country
Promoted By Listing At Registrar to the Issue
Panna Lal Jain
Vivek Benara
BSE - SME Bigshare Services Pvt Ltd
 

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