Pace E-Commerce Ventures Ltd |
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| Initial public offer of 64,59,600 equity shares of face value of (Rs)10/- each of Pace E-Commerce Ventures Limited ("PEVL" or the "Company" or the "Issuer") for cash at a price of (Rs)103 per equity share including a share premium of (Rs)93 per equity share (the "Issue Price") aggregating to
(Rs)66.53. crores ("The Offer") comprising of fresh issue of 40,00,000 equity shares of (Rs)103 per equity shares aggregating to (Rs)41.20 crores and offer for sale of 24,59,600 equity shares by selling shareholders of
(Rs)103 per equity shares aggregating to (Rs)25.33 crores, of which 3,32,400 equity shares of face value of (Rs)10 each will for cash at a price of
(Rs)103 per equity share including a share premium of (Rs)93 per equity share aggregating to (Rs)3.42 crores 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. net issue of 61,27,200 equity shares of face value of (Rs)10 each at a price of (Rs)103 per equity share aggregating to (Rs)63.11 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.67% and 27.19 % 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 is 10.3 times of the face value.
Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 29-Sep-22 |
13-Oct-22 |
( )103.00 |
( )103.00 |
( )0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
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( Cr) |
Lead Managers to the Issue |
| Project Cost |
40.60 |
| Interactive Financial Services Ltd |
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| Project Financed through Current Offer |
66.53 |
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| Post Issue Equity Share Capital |
22.53 |
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| Face Value |
10 |
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| Issue Price |
( )103.00 |
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