| Munish Forge Ltd |
|
|
Registered Office:
Village Gobindgarh Adjoining-,Phase VII Focal Point
,
Ludhiana
-
141010
,
Punjab
, India.
Phone :
+91-161-5218 900
Fax :
Email : cs@munishforge.com
Website : www.munishforge.com |
|
| Initial public offer of 77,00,400* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Munish Forge Limited ("the Company" or "the Offer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the "Offer Price") aggregating to Rs.73.92 Crore ("the Offer") comprising of fresh offer of 63,56,400 equity shares aggregating to Rs. 61.02 Crore ("Fresh Offer") and an offer sale of 13,44,000 equity shares by Mr. Davinder bhasin ("Selling Shareholder") aggregating to Rs. 12.90 Crore ("Offer for Sale")("Public Offer"). the offer includes a reservation of 3,85,200 equity shares aggregating to Rs. 3.70 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). the offer less the market maker reservation portion i.e. net offer of 73,15,200 equity shares aggregating to Rs. 70.23 Crore ( The "Net Offer").
Price Band: Rs. 91/- to Rs. 96/- for equity share of face value of Rs. 10 each.
The floor price is 9.10 times times the face value and cap price is 9.60 times of the face value of the equity shares.
Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. |
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application |
| 30-Sep-25 |
03-Oct-25 |
₹ 96.00 |
₹ 96.00 |
| Minimum Application for shares in Nos :2400 Further Multiples of :1200 |
| |
|
Lead Managers to the Issue |
| Project Cost |
₹ 0.00 Cr |
| Gretex Corporate Services Ltd |
|
| Project Financed through Current Offer |
₹ 73.92 Cr |
|
| Post Issue Equity Share Capital |
₹ 24.07 Cr |
|
| Face Value |
₹ 10 |
|
|