Ircon International Ltd - Prospectus Synopsis

Ircon International Ltd RHP

Registered Office : Plot No C-4 , District Centre Saket , New Delhi - 110017 , New Delhi , India.

Phone : 91-11-29565666  Fax : 91-11-26522000/26854000

Email : info@ircon.org    Website : www.ircon.org

Initial public offering of 9,905,157 equity shares of face value of Rs. 10 each (equity shares) of Ircon International Limited (the company or the issuer) through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the selling shareholder), for cash at a price* of Rs. 475 per equity share ((including a share premium of Rs. 465 per equity share) (the offer price), aggregating to Rs. 466.94# Crores (the offer). The offer includes a reservation of up to 500,000 equity shares for subscription by eligible employees (as defined herein) (employee reservation portion). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 10.53% and 10.00% respectively, of the post offer paid-up equity share capital of the company. *Retail Discount of Rs. 10 per Equity Share on the Offer Price was offered to the Retail Individual Bidders and Employee Discount of Rs. 10 per Equity Share on the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion. #Subject to finalization of Basis of Allotment The face value of the equity shares is Rs. 10 each. The offer price is 47.5 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Sep-2018 19-Sep-2018 Rs 475 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 30 Further Multiples of : 30
  Rs Cr Lead Managers to the Issue
Project Cost 0 Axis Capital Ltd
Project Financed through Current Offer 466.94  
Post Issue Equity Share Capital 94.05  
Issue Price Rs. 475  
Projects
The Disinvestment of upto 9,905,157 shares including Employee Reservation Portion by the Selling Shareholders
Promoted By Listing At Registrar to the Issue
The President of India
Mumbai KFin Techologies Pvt Ltd
 

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