Paradeep Phosphates Ltd |
| |
Registered Office:
5th Flr Orissa State Handloom,Pandit Jawaharlal Nehru Marg
,
Bhubaneswar
-
751001
,
Orissa
, India.
Phone :
91-674-2393931 (10 lines)
Fax :91-674-2391669/2392631/2394987
Email : dmishra@adventz.com
Website : www.paradeepphosphates.com |
|
| Initial public offer of 357,555,112* equity shares of face value of (Rs)10 each (the "Equity Shares") of Paradeep Phosphates Limited (the "Company" or the "Issuer") for cash at a price of (Rs)42 per equity share (including a share premium of (Rs)32 per equity share) (the "Offer Price") aggregating to (Rs)1501.73 crores comprising a fresh issue of 239,047,619* equity shares aggregating to (Rs)1004.00 crores (the "Fresh Issue") and an offer for sale of 118,507,493* equity shares aggregating to (Rs)497.73 crores comprising 6,018,493* equity shares aggregating to (Rs)25.28 crores by Zuari Maroc Phosphates Private Limited ("Zmppl") and 112,489,000* equity shares aggregating to (Rs)472.45 crores by the president of india, acting through the ministry of chemicals and fertilizers, government of india (the "GOI" and together with zmppl, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The face value of the equity shares is (Rs)10. The offer price is 4.2 times the face value of the equity shares. The offer shall constitute 43.90%of the post-offer paid up equity share capital of the company.
*Subject to finalization of the basis of allotment
Offer price: (Rs)42 per equity share of fac value of (Rs)10 each.
The Offer Price is 4.2 times the face value of the equity shares. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 17-May-22 |
19-May-22 |
( )42.00 |
( )42.00 |
( )0.00 |
| Minimum Application for shares in Nos :350 Further Multiples of :350 |
| |
( Cr) |
Lead Managers to the Issue |
| Project Cost |
963.15 |
| Axis Capital Ltd | | ICICI Securities Ltd | | JM Financial Ltd | | SBI Capital Markets Ltd |
|
| Project Financed through Current Offer |
1501.73 |
|
| Post Issue Equity Share Capital |
814.50 |
|
| Face Value |
10 |
|
| Issue Price |
( )42.00 |
|
|