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Watrana Rentals Ltd
Initial public issue of upto 49,02,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Watrana Rentals Limited ("Watrana Rentals" or "The Company" or "The Issuer") for cash at a price of Rs. 232-245 per equity share including a share premium of Rs. 222-235 per equity share (the "Issue Price") aggregating to Rs. 113.73-120.10 Crores ("The Issue"), of which 2,52,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 232-245 per equity share including a share premium of Rs. 222-235 per equity share aggregating to Rs. 5.85-6.17 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 46,50,000 equity shares of face value of Rs. 10/- each at a price of Rs. 232-245 per equity share including a share premium of Rs. 222-235 per equity share aggregating to Rs. 107.88-113.93 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.00% and 28.46% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 232 to Rs. 245 per equity share of face value of Rs. 10 each. The floor price is 23.2 times of the face value of the equity shares and the cap price is 24.5 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
Issue
Opens On Closes On
19-Nov-26 23-Nov-26
Money Payable On
Application Allotment
232.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 600
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Oneview Corporate Advisors Private Limited
Project Financed through Current Offer (.Cr) 113.73  
Post Issue Equity Share Capital (.Cr) 16.34
Issue Price () 232.00
Projects
Purchase of material handling equipment
Purchase of aerial work platform
Purchase of batteries
General corporate purposes
Promoted By
Rajeev Kumar Watrana
Sanjeev Kumar Watrana
Neha Watrana
Listing At
NSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd