Narayani Steels Ltd - Prospectus Synopsis

Narayani Steels Ltd RHP

Registered Office : 23A N S Road 7th Floor , Room 31 , Kolkata - 700001 , West Bengal , India.

Phone : 91-33-46025371  Fax :

Email : info@narayanisteels.com    Website : www.narayanisteels.com

Public issue of 36,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Narayani Steels Limited (The Company or The Issuer) for cash at a price of Rs. 32 per equity share, including a share premium of Rs. 22 per equity share (The Issue Price), aggregating Rs. 11.52 crores (The Issue), of which 1,88,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 32 per equity share, aggregating Rs. 0.60 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 34,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 32 per equity share, aggregating Rs. 10.92 crores is hereinafter refered to as the Net Issue. The issue amd the net issue will constitute 33.00% and 31.28% 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 and the issue price of Rs. 32 is 3.2 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-2016 06-Sep-2016 Rs 32 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 11.52 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 11.52  
Post Issue Equity Share Capital 10.91  
Issue Price Rs. 32  
Projects
Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Sunil Choudhary
Sunil Choudhary HUF
BSE - SME Bigshare Services Pvt Ltd
 

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