East India Securities Ltd - Prospectus Synopsis

East India Securities Ltd RHP

Registered Office : 10/1 D Lal Bazar Street , Mercantile Building 3 rd Floor , Kolkata - 700001 , West Bengal , India.

Phone : 033-22487002/0362  Fax :

Email : sme.ipo@eisec.com    Website : www.eisec.com

Public offer of 10,08,000 equity shares of face value of Rs. 10 each (equity shares) of East India Securities Limited (the company) for cash at a price of Rs. 920/- per equity share (including a share premium of Rs. 910/- per equity share) (the offer price), aggregating to Rs. 92.74 crores (the offer) through an offer for sale comprising of 5,04,000 equity shares by Mr. Lakshmendra Kumar Agarwal and 5,04,000 equity shares by Mr. Vivek Agarwal of which 50,400 equity shares of face value of Rs. 10 each for cash at a price of Rs. 920/- per equity share, aggregating to Rs. 4.64 crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 9,57,600 equity shares of face value of Rs. 10 each for cash at a price of Rs.920/- per equity share, aggregating to Rs. 88.10 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 27.49% and 26.11% respectively of the fully diluted post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 92 (ninety two) times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Mar-2018 07-Mar-2018 Rs 920 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 160 Further Multiples of : 160
  Rs Cr Lead Managers to the Issue
Project Cost 0.78 Finshore Management Services Ltd
Project Financed through Current Offer 92.74  
Post Issue Equity Share Capital 3.67  
Issue Price Rs. 920  
Projects
Offer related expenses
Promoted By Listing At Registrar to the Issue
Lakshmendra Kumar Agarwal
Vivek Agarwal
BSE - SME Cameo Corporate Services Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit