Ceinsys Tech Ltd - IPO

Ceinsys Tech Ltd IPO Details

Public issue of 24,00,000 equity shares of face value of Rs. 10 each of ADCC Infocad Limited (ADCC or the company or the issuer) for cash at a price of Rs. 40/- per equity share (including a share premium of Rs. 30/- per equity share) (issue price) aggregating to Rs. 9.60 crores, of which 1,20,000 equity shares of face value of Rs. 10 each will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 22,80,000 equity shares of face value of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.49 % and 25.17 %, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is RS. 10 each and the issue price is Rs. 40. The issue price is 4 times of the face value.

Objective of issue

To fund the purchase of New Technical Equipments. To part finance the long term working capital req.. For international marketing & branding expenses. General corporate purpose.

Ceinsys Tech Ltd Contact Details

Ceinsys Tech Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - cs@ceinsys.com

Website - www.ceinsys.com