B.R.Goyal Infrastructure Ltd - IPO

B.R.Goyal Infrastructure Ltd IPO Details

Initial public issue of upto 63,12,000 equity shares of Rs. 10/- each (Equity Shares) of B.R.Goyal Infrastructure Limited (BRGIL, or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price), aggregating to Rs. [*] crores (The Issue), of which upto 3,16,000 equity shares of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion) and upto [*] equity shares aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 59,58,000 equity shares of Rs. 10/- each including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] %, respectively of the post issue paid up equity share capital of the company.* A pre-ipo placement was undertaken by the company, in consultation with the brlm, for 1,20,000 equity shares aggregating to Rs. 1.50 crores. The size of fresh issue as disclosed in the draft red herring prospectus, up to 64,32,000 equity shares has been reduced by 1,20,000 equity shares pursuant to the preipo placement and accordingly the fresh issue is of up to 63,12,000 equity shares.Price Band: Rs. 128 to Rs. 135 per equity share of face value of Rs. 10 each.The Floor price is 12.80 times the face value of the equity shares and cap price is 13.50 times the face value of the equity shares.Bid can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares.

Objective of issue

Funding capital expenditure requirements of the company. Funding working capital requirements of the company. General corporate purposes.

B.R.Goyal Infrastructure Ltd Contact Details

B.R.Goyal Infrastructure Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@brginfra.in

Website - www.brginfra.com