Elin Electronics Ltd |
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Initial Public Offering of 19,230,746^ equity shares of face value of (Rs)5 each ("equity shares") of the company for cash at a price of (Rs)247 per equity share (including a share premium of (Rs)242 per equity share) ("offer price") aggregating to (Rs)475 Crores (the "offer") comprising a fresh issue of 7,085,020^ equity shares aggregating to (Rs)175 Crores by the company (the "fresh issue") and an offer for sale of 12,145,726^ equity shares aggregating to (Rs)300 Crores, comprising 695,627^ equity shares by Kamal Sethia aggregating to (Rs)17.18 Crores, 1,137,165^ equity shares by Kishore Sethia aggregating to (Rs)28.09 Crores, 1,027,368^ equity Shares by Gaurav Sethia aggregating to (Rs)25.38 Crores, 269,716^ equity shares by Sumit Sethia aggregating to (Rs)6.66 Crores, 1,235,465^ equity shares by Suman Sethia aggregating to (Rs)30.52 Crores, 337,246^ equity shares by Vasudha Sethia aggregating to (Rs)8.33 Crores, 200,850^ equity shares by Vinay Kumar Sethia aggregating to (Rs)4.96 Crores (the "promoter selling shareholders") and 7,242,289^ equity shares aggregating to (Rs)178.88 Crores (the "other selling shareholders" as defined below) (the promoter selling shareholders and the other selling shareholders collectively, the "selling shareholders", and such equity shares offered by the selling shareholders, the ôoffered sharesö) (such offer for sale by the selling shareholders,
The "offer for sale" and together with the fresh issue, "the offer").
^ subject to finalisation of the basis of allotment.
The face value of equity shares is (Rs)5 each. The offer price is 49.40 times the face value of the equity shares.
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Issue |
Money Payable On |
Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
20-Dec-22 |
22-Dec-22 |
( )247.00 |
( )247.00 |
( )0.00 |
Minimum Application for shares in Nos :60 Further Multiples of :60 |
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( Cr) |
Lead Managers to the Issue |
Project Cost |
164.61 |
Axis Captal Ltd | JM Financial Ltd |
|
Project Financed through Current Offer |
475.00 |
|
Post Issue Equity Share Capital |
24.83 |
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Face Value |
5 |
|
Issue Price |
( )247.00 |
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