IPO Synopsis

Cargotrans Maritime Ltd

Registered Office: DBZ-S-61 A 2nd Floor,Shyam Paragon Gandhidham, Kachchh. - 370201, Gujarat, India. Phone : 91-90999-35142   Fax: Email : info@cargotrans.in Website :www.cargotrans.in

Initial public offer of 10,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Cargotrans Maritime Limited ("The Company" or "CML" or "The Issuer") at an issue price of Rs. 45 per equity share for cash, aggregating up to Rs. 4.86 crores ("Public Issue") out of which 60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45 per equity share for cash, aggregating Rs. 0.27 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 10,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45 per equity share for cash, aggregating upto Rs. 4.59 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.00% respectively of the post- issue paid-up equity share capital of the company. The face value of the equity sahres is Rs. 10 each and the issue price is Rs. 45 per equity share, The issue price is 4.50 times the face value. Minimum application size 3000 equity shares and in multiples of 3000 equityshares thereafter. Issue Opens On Closes On 27-Sep-22 29-Sep-22 Money Payable On Application Allotment 45.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 4.16 Hem Securities Ltd Project Financed through Current Offer (.Cr) 4.86   Post Issue Equity Share Capital (.Cr) 4.08 Issue Price () 45.00

Projects

To meet working capital requirements General corporate purposes

Promoted By

Edwin Alexander

Manju Edwin

Mathew Jacob

Listing At

BSE - SME

Registrar to the Issue

No Data Available