Tara Chand Logistic Solutions Ltd - Prospectus Synopsis

Tara Chand Logistic Solutions Ltd RHP

Registered Office : 342 Industrial Area Phase-I , , Chandigarh - 160002 , Chandigarh , India.

Phone : 91-172-2650380  Fax :

Email : info@tarachandindia.in    Website : www.tarachandindia.in

Public issue of 37,20,000 equity shares of face value of Rs. 10 each (equity shares) of Tara Chand Logistic Solutions Limited (company or issuer) for cash at a price of Rs. 55 per equity share (including a share premium of Rs.45 per equity share) aggregating to Rs. 20.46 Crores. The issue comprises of 1,92,000 equity shares of face value Rs.. 10 each for cash at a price of Rs.55 per equity share, aggregating to Rs.1.06 Crores which 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 upto 35,28,000 equity shares of face value of Rs..10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 19.40 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.26% and 25.86% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 55 is 5.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Mar-2018 15-Mar-2018 Rs 55 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 20.46 Hem Securities Ltd
Project Financed through Current Offer 20.46  
Post Issue Equity Share Capital 13.65  
Issue Price Rs. 55  
Projects
Repayment of certain secured borrowings availed by the company
Promoted By Listing At Registrar to the Issue
Ajay Kumar
Vinay Kumar
NSE - SME Sharex Dynamic (India) Pvt Ltd
 

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