Mahaalaxmi Texpro Ltd - IPO

Mahaalaxmi Texpro Ltd IPO Details

Public issue of 41,00,000 equity shares of Rs. 10/- each for cash at an issue price of Rs.100/- per equity share aggregating to Rs.41.00 Crores (hereinafter referred to as 'the issue'). The issue comprises 2,05,000 equity shares of Rs.10/- each aggregating to Rs.2.05 Crores reserved for employees of the company and net issue to public of 38,95,000 equity shares of Rs.10/- each aggregating to Rs.38.95 Crores. The issue would constitute 29.27 % of the post issue paid-up capital of the company.Issue Price is Rs.100/- per Equity Share of face value of Rs. 10/- each. The Issue Price is 10 times of the face value

Objective of issue

To Part fund the Expansion Project. To Meet the Work. Cap. requirement for Expan. Proj. For General Corporate Purposes.

Mahaalaxmi Texpro Ltd Contact Details

Mahaalaxmi Texpro Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Website - www.abhishecorporation.com