Oceanic Foods Ltd - Prospectus Synopsis

Oceanic Foods Ltd RHP

Registered Office : Opp Brooke Bond Factory , PN Marg , Jamnagar - 361002 , Gujarat , India.

Phone : 91-0288-2757366/77  Fax : 91-0288-2757333

Email : accounts@oceanicfoods.com    Website : www.oceanicfoods.com

Public issue of 10,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Oceanic Foods Limited (The Company or The Issuer) for cash at a price of Rs. 65/- per equity share, including a share premium of Rs. 55/- per equity share (The Issue Price), aggregating Rs. 6.50 crores (The Issue), of which 52,00,00 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share, aggregating Rs. 0.34 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 9,48,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share, aggregating Rs. 6.16 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 26.67% and 25.28% 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. 65 is 6.5 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Mar-2017 22-Mar-2017 Rs 65 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 6.05 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.5  
Post Issue Equity Share Capital 3.75  
Issue Price Rs. 65  
Projects
Working capital requirements
Promoted By Listing At Registrar to the Issue
Ajesh Patel
Vinodrai Patel
BSE - SME Link Intime India Pvt Ltd
 

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