Power & Instrumentation (Gujarat) Ltd - Prospectus Synopsis

Power & Instrumentation (Gujarat) Ltd RHP

Registered Office : A/1 Sixth Floor Safal Profita. , 100 Ft Road Prahladnagar , Ahmedabad - 380015 , Gujarat , India.

Phone : 91-79-40051222  Fax : 91-79-40051222

Email : priyacs@grouppower.org    Website : www.grouppower.org

Public issue of 18,64,000 equity shares of a face value of Rs. 10/- each (The Equity Shares) of Power & Instrumentation (Gujarat) Limited (PIGL or The Company) for cash at a price of Rs. 33/- per share (The Issue Price), aggregating to Rs. 6.15 crores (The Issue), of which, 96,000 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 17,68,000 equity shares of Rs. 33/- each is hereinafter referred to as the Net Issue aggregating Rs. 5.83 crores (The Issue). The issue and the net issue will constitute 26.46% and 25.10%, 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 3.3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Apr-2018 13-Apr-2018 Rs 33 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 6.15 Navigant Corporate Advisors Ltd
Project Financed through Current Offer 6.15  
Post Issue Equity Share Capital 7.04  
Issue Price Rs. 33  
To meet working capital requirement
Promoted By Listing At Registrar to the Issue
Padmaraj Padmnabhan Pillai
Padmavati Padmanabhan Pillai
NSE - SME Skyline Financial Services Pvt

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