Indong Tea Company Ltd |
| |
Registered Office:
Sikkim Commerce Houses,4/1 Middleton Street
,
Kolkata
-
700001
,
West Bengal
, India.
Phone :
91-33-4006 3601
Fax :
Email : cs@indongteaco.com
Website : www.indongteaco.com |
|
| Initial public offer of 50,04,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Indong Tea Company Limited (the "Company" or the "Issuer") for cash at a price of (Rs)26/- per equity share, including a share premium of (Rs)16/- per equity share (the "Issue Price"), aggregating to (Rs)13.01 crores ("The Issue"), of which 2,52,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)26/- per equity share, aggregating to (Rs)0.66 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 47,52,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)26/- per equity share, aggregating to (Rs)12.36 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 33.36% and 31.68% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is (Rs)10/- each and the issue price is
(Rs)26/- each i.e., 2.6 times of the face value of the equity shares.
The minimum lot size is 4,000 equity shares.
|
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 09-Feb-23 |
13-Feb-23 |
( )26.00 |
( )26.00 |
( )0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
( Cr) |
Lead Managers to the Issue |
| Project Cost |
12.51 |
| Finshore Management Services Ltd |
|
| Project Financed through Current Offer |
13.01 |
|
| Post Issue Equity Share Capital |
15.00 |
|
| Face Value |
10 |
|
| Issue Price |
( )26.00 |
|
|