Emmbi Industries Ltd - IPO

Emmbi Industries Ltd IPO Details

Public Issue of 86,57,700 equity shares of Rs. 10/- each (Equity Shares) of Emmbi Polyarns Limited (The Company or The Issuer) for cash at a price of Rs. 45 per equity share (Including share premium of Rs. 35 per equity share), aggregating to Rs. 38.96 crores (The Issue). Upto 50,000 equity shares will be reserved in the issue for subscription by eligible employees (The Employee Reservation Portion). The Issue less the employee reservation portion is referred to as the Net Issue. The Issue would constitute 52.50% of the post issue paid-up capital of the company. The Net issue to public would constitute 52.20% of the fully diluted post issue paid up capital of the company.Issue Price : Rs. 45 per equity share of face value of Rs. 10 each.The Issue price is 4.5 times the face value.

Objective of issue

Expansion in the present facility 5000 to 17800 MT. To meet the working capital requirements. To meet the expenses towards market Development.

Emmbi Industries Ltd Contact Details

Emmbi Industries Ltd, PlotNo-A-16-17 PartB, Cross Lane MIDC, Marol Andheri (East), Mumbai - 400 093

Phone - 91-22-28213383/90/66712001-2006

Fax - 91-22-28369408

Email - kaushal.patvi@emmbi.com, rinku.appalwar@emmbi.com

Website - www.wovensackindia.com, www.emmbi.com