IPO Synopsis

Ducol Organics & Colours Ltd

Registered Office: Office No 302 Express Building,14-E Road Churchgate, Mumbai - 400020, Maharashtra, India. Phone : 91-22-4608 2353   Fax: Email : ipo@ducol.com Website :www.ducol.com

Public issue of 40,40,000 equity shares of face value of Rs. 10.00 each of Ducol Organics and Colours Limited ("The Company" or "The Isuer") for cash at a price of Rs. 78.00 per equity share (including a share premium of Rs. 68.00 per equity share) ("Issue Price") aggregating to Rs. 31.51 crores ("The Issue"). of the issue, 4,01,600 equity shares aggregating to Rs. 3.13 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 36,38,400 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 78.00 per equity share aggregating to Rs. 28.38 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.79% and 25.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 78.00 is 7.80 times of the face value. Issue Opens On Closes On 09-Jan-23 11-Jan-23 Money Payable On Application Allotment 78.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 30.71 First Overseas Capital Ltd Project Financed through Current Offer (.Cr) 31.51   Post Issue Equity Share Capital (.Cr) 14.54 Issue Price () 78.00

Projects

Funding working capital requirements of the company General corporate purposes

Promoted By

Aamer Ahmed Farid

Hani Ahmed Farid

Listing At

NSE - SME

Registrar to the Issue

No Data Available