Dev Procon Ltd - IPO

Dev Procon Ltd IPO Details

Public issue of 75,00,000 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 Rs. [*] crores (The Issue) by Dev Procon Limited (The Company or Issuer or DPL). The issue will constitute 30% of the fully diluted post issue paid up capital of the company.Price band: Rs. [*] to Rs. [*] per equity shares of face value Rs. 10 each.The issue price is [*] times the face value at the lower end of the price band and [*] times the face value at the higher end of the price band.

Objective of issue

Finance the ongoing projects. Invest in the existing subsidiaries. Repay certain loans of the company. General corporate purposes.

Dev Procon Ltd Contact Details

Dev Procon 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 - investor@devgroupindia.com