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Chavda Infra Ltd
Registered Office:
304 to 307 406 407 B Sqr I Nea,Neptune House Isco Ambali BRTS, Ahmedabad - 380058, Gujarat, India. Phone : 079 4892 6087 Fax:
Email :
compliance@chavdainfra.com
Website :
www.chavdainfra.com
Initial public issue of 6656000 equity shares of face value of Rs. 10/- each of Chavda Infra Limited ("CIL" or the "Company" or the "Issuer") for cash at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share (the "Issue Price") aggregating to Rs. 43.26 crores ("The Issue"), of which 336000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share aggregating to Rs. 2.18 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 6320000 equity shares of face value of Rs. 10/- each at a price of Rs. 65/- per equity share including a share premium of Rs. 55/- per equity share aggregating to Rs. 41.08 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.00% and 25.63%, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each.
Issue
Opens On
Closes On
12-Sep-23
14-Sep-23
Money Payable On
Application
Allotment
65.00
0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
37.80
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (
.Cr)
43.26
Post Issue Equity Share Capital (
.Cr)
24.66
Issue Price (
)
65.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Mahesh Gunvantlal Chavda
Dharmishtha Maheshkumar Chavda
Johil Maheshbhai Chavda
Listing At
NSE - SME
Registrar to the Issue
No Data Available
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