IPO Synopsis

White Organic Retail Ltd

Registered Office: 312-A Kailas Plaza Ghatkopar(E,Vallabh Baug Lane Mumbai City, Mumbai - 400077, Maharashtra, India. Phone : 91-22-25011983   Fax:91-22-25011984 Email : info@whiteorganics.co.in Website :www.whiteorganics.co.in

Public issue of 24,54,000 equity shares of face value of Rs. 10 each ("equity shares") of White Organic Retail Limited (the "company" or the "issuer") for cash at a price of Rs. 63 per equity share, including a share premium of Rs. 53 per Equity Share (the "issue price"), aggregating to Rs. 15.46 Crores ("the issue"), of which 1,24,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 63 per equity share, aggregating to Rs.0.78 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 23,30,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 63 per Equity Share, aggregating to Rs.14.68 Crores is here in after referred to as the "net issue". The issue and the net issue will constitute 44.99% and 42.72% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs.10 each and the issue price is Rs.63 i.e. 6.30 times of the face value of the Equity Shares. The Minimum lot size is 2000 Equity Shares. o Issue Opens On Closes On 26-Apr-19 02-May-19 Money Payable On Application Allotment 63.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 15.46 Finshore Management Services Ltd Project Financed through Current Offer (.Cr) 15.46   Post Issue Equity Share Capital (.Cr) 5.45 Issue Price () 63.00

Projects

Funding the Working Capital Requirements of the Company General Corporate Purposes

Promoted By

Darshak Mahesh Rupani

Prashantt Mahesh Rupani

White Organic Agro Ltd

Listing At

BSE - SME

Registrar to the Issue

No Data Available