Registered Office:
504 Ashwamegh Avenue 5th Floor,Mithakhali,
Ahmedabad
-
380009,
Gujarat, India.
Phone :
81418 48159 Fax:
Email : contact@kalanaispat.com
Website : www.kalanaispat.com
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Initial public issue of 49,38,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Kalana Ispat Limited (the "Company") for cash at a price of Rs. 66 per equity share (including a share premium of Rs. 56 per equity share) (the "Issue Price"), aggregating upto Rs. 32.59 crores ("The Issue"), of which 2,48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 66 per equity share, aggregating to Rs. 1.64 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 46,90,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 66 per equity share, aggregating to Rs. 30.95 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.87% and 35.97% respectively of the fully diluted 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 of
Rs. 66 is 6.6 times of the face value of the equity shares.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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19-Sep-24
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23-Sep-24
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(Rs) 66.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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31.59
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Jawa Capital Services Pvt Ltd
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Project Financed through Current Offer (Rs.Cr)
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32.59
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Post Issue Equity Share Capital (Rs.Cr)
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13.04
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Issue Price (Rs)
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66.00
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