Lancer Containers Lines Ltd - Prospectus Synopsis

Lancer Containers Lines Ltd RHP

Registered Office : Mayuresh Chambers H02-2 Ho2-3 , H02-4 No 60 Sec-11 CBD Belapur , Navi Mumbai - 400614 , Maharashtra , India.

Phone : 91-22-27566940/27566941/42  Fax : 91-22-27566939

Email : secretarial@lancermarine.in    Website : www.lancermarine.in

Public issue of 15,40,000 equity shares of face value of Rs. 10 each (Equity Shares) of Lancer Container Lines Limited (The Company or The Issuer) for cash at a price of Rs. 12 per equity share, including a share premium of Rs. 2 per equity share (The Issue Price), aggregating Rs. 1.85 crores (The Issue), of which 80,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 12 per equity share, aggregating Rs. 0.10 crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 14,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 12 per equity share, aggregating Rs. 1.75 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.97% and 25.57% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each.The Issue price is 1.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-2016 05-Apr-2016 Rs 12 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
  Rs Cr Lead Managers to the Issue
Project Cost 1.85 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 1.85  
Post Issue Equity Share Capital 5.71  
Issue Price Rs. 12  
Projects
Procurement of new containers
Promoted By Listing At Registrar to the Issue
Abdul Khalik Chataiwala
BSE - SME Bigshare Services Pvt Ltd
 

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