IPO Synopsis

Euro Panel Products Ltd

Registered Office: 702 7th Flr Aravalli Busi. Cen,Ramdas Sutrale Rd. Borivali(W), Mumbai - 400092, Maharashtra, India. Phone : 91-022-29686500   Fax: Email : cs@eurobondacp.com Website :www.eurobondacp.com

Initial public issue of 65,00,000 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Euro Panel Products Limited ("Euro" or "The Company" or the "Issuer") for cash at a price of Rs. 70.00 per equity share (The "Issue Price"), (including a premuim of Rs. 60.00 per equity share), aggregating Rs. 45.15 crores ("The Issue"), of which 5,00,000 equity shares of face value of Rs. 10.00/- each for cash at a price of Rs. 63.00* each aggregating to Rs. 3.15 crores will be reserved for subscription by eligible employees [other than promoter and promoter group] of the issuer (The "Employees Reservation Portion") and 3,28,000 equity shares of face value of Rs. 10.00/- each for cash at a price of Rs. 70.00 each aggregating Rs. 2.29 crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 56,72,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 70.00 per equity share, aggregating to Rs. 39.70 crores is hereinafter referred to as the "Net Issue". The issue and the net issue size will constitute 26.53 % and 25.19 % respectively of the post issue paid up equity share capital of the company. The Face Value of the Equity Shares is Rs. 10 each and the issue price is 7 times of the face value. Bids cans be made for a minimum of 2000 equity and in multiple of 2000 shares thereafter. Issue Opens On Closes On 14-Dec-21 16-Dec-21 Money Payable On Application Allotment 70.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 45.15 Fedex Securities Pvt Ltd Project Financed through Current Offer (.Cr) 45.15   Post Issue Equity Share Capital (.Cr) 24.50 Issue Price () 70.00

Projects

Meeting Incremental Working Capital Requirements Repayment and/or Pre-Payment of Unsecured Loan General Corporate Purposes

Promoted By

Rajesh Shah

Divyam Shah

Listing At

NSE - SME

Registrar to the Issue

No Data Available