Manav Infra Projects Ltd - Prospectus Synopsis

Manav Infra Projects Ltd RHP

Registered Office : 308 3rd Flr Blue Rose Industr. , Premises Borivali East , Mumbai - 400066 , Maharashtra , India.

Phone : 91-22-28540694  Fax :

Email : mip@manavinfra.com    Website : www.manavinfra.com

Public issue of 18,36,000 equity shares of face value of Rs. 10 each (Equity Shares) of Manav Infra Projects Limited (The Company or The Issuer) for cash at a price of Rs. 30 per equity share, including a share premium of Rs. 20 per equity share (The Issue price), aggregating to Rs. 5.51 crores (The Issue), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 30 per equity share, aggregating Rs. 0.28 crores will be reserved for subscriptions by the market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 17,44,000 equity shares of face value of Rs. 10 each cash at a price of Rs. 30 per equity share, aggregating Rs. 5.23 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.86% and 25.51% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 30/- i.e. 3.00 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-2017 08-Sep-2017 Rs 30 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 5.05 Navigant Corporate Advisors Ltd
Project Financed through Current Offer 5.51  
Post Issue Equity Share Capital 6.84  
Issue Price Rs. 30  
Projects
To part finance incremental working capital requirements of the company
Promoted By Listing At Registrar to the Issue
Mahendra Narayan Raju
NSE - SME KFin Techologies Pvt Ltd
 

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