Parin Furniture Ltd - Prospectus Synopsis

Parin Furniture Ltd RHP

Registered Office : Plot No. 6 Revenue Survey No. , 149 NH at Vavdi Gondal Road , Rajkot - 360004 , Gujarat , India.

Phone : 91-281-3300777  Fax : 91-281-3063000

Email : cs@parinfurniture.com    Website : www.parinfurniture.com

Initial public offering of 30,00,000 equity shares of face value of Rs. 10 each (the equity shares), at an issue price of Rs. 63 per equity share for cash, aggregating to Rs.18.90 Crores [public issue] out of which 1,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 1.01 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. Net issue of 28,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 17.89 Crores is hereinafter referred to as the net issue. The public issue and net issue constitute 26.98% and 25.54% 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 is 6.30 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-2018 28-Sep-2018 Rs 63 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 18.9 Hem Securities Ltd
Project Financed through Current Offer 18.9  
Post Issue Equity Share Capital 11.12  
Issue Price Rs. 63  
Projects
Repayment of certain secured borrowing availed by the company
Promoted By Listing At Registrar to the Issue
Deven Dipesh Nandani
Parin Umeshbhai Nandani
Umesh Dhirajlal Nandani
NSE - SME KFin Techologies Pvt Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit