Biotic Waste Ltd - IPO

Biotic Waste Ltd IPO Details

Initial public offer consisting of fresh issue of upto 11,66.400 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. (*) per equity share (the issue price) (including a share premium of Rs. (*) per equity share) aggregating up to Rs. (*) Crores (the issue), of which upto (*) equity shares of face value of Rs. 10/- each for cash at a price of Rs. (*)/- per equity share, aggregating Rs. (*) 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 upto (*) equity shares of face value of Rs. 10/- each for cash at a price of Rs. (*) per equity share aggregating Rs. (*) Crores is hereinafter refered to as the net issue. The issue and the net issue well constitute (*) % .and (*) % 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. The price band and minimum bid lot will be decided by the company.

Objective of issue

Investment in the Subsidiary Company-Biotic Waste Solutions Pvt Ltd (BWSPL) to Finance Expansion of its Storage & Segregation area. Repayment/Pre-Payment of Secured Loan availed from Financial Institution by the company. Funding the Working Capital Requirements of the Company. General Corporate Purposes.

Biotic Waste Ltd Contact Details

Biotic Waste Ltd, 205/208, Anarkali Market, Jhandewalan Extn, New Delhi - 110055

Phone - 91-011-42541965/42541953

Fax - 91-011-41540064

Email - info@biotic.co.in

Website - www.biotic.co.in