Back Office Login

you are here: Equity | News | IPO Synopsis
As on :May 29,2015 10 : 19 AM
IPO Synopsis
Deep Polymers Ltd
  • Registered Office: Block No 727 B/H Bhavi Indust.,Rakanpur(Santej) Tal Kalol Dis, Gandhinagar - 380060, Gujarat, India. Phone : 91-2764-286032   Fax:
  • Email :
  • Website
Public offer of 38,10,000 equity shares of Rs.10/- each ("equity shares") of Deep Polymers Limited ("dpl" or the "company") for cash at a price of Rs. 40 per share (the "offer price"), aggregating to Rs. 15.24 Crores ("the offer") consisting of fresh issue of 13,60,000 equity shares aggregating to Rs.5.44 Crores and an offer for sale of 24,50,000 equity shares by the selling shareholder aggregating to Rs. 9.80 Crores ("offer for sale"), of which upto 1,92,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of 36,18,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 32.09% and 30.47%, respectively of the post offer paid up equity share capital of the company. The face value of equity shares is 10 each and the offer price of 40.00 is 4 time of the face value.
Opens On Closes On
08-Aug-18 13-Aug-18
Money Payable On
Application Allotment
40.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
RsCr Lead Managers to the Issue
Project Cost (Rs.Cr) 5.44 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 15.24  
Post Issue Equity Share Capital (Rs.Cr) 11.87
Issue Price (Rs) 40.00
To Meet Working Capital Requirements
General Corporate Purposes
Promoted By
Rameshbhai Bhimjibhai Patel
Rameshbhai Bhimjibhai Patel
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd
Bigshare Services Pvt Ltd