Jayant Infratech Ltd - IPO

Jayant Infratech Ltd IPO Details

Public issue of 9,24,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Jayant Infratech Limited (the Company or the Issuer) for cash at a price of Rs. 67.00 per equity share including a share premium of Rs. 57.00 per equity share (the Issue Price) aggregating to Rs. 6.19 crores (The Issue) of which 48,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 67.00 per equity share including a share premium of Rs. 57.00 per equity share aggregating to Rs. 0.32 crores will be reserved for subscription by market maker to the issue. (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 8,76,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 67.00 per equity share including a share premium of Rs. 57.00 per equity share aggregating to Rs. 5.87 crores (the Net Issue). The issue and the net issue will constitute 28.56% and 27.07% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 6.7 times of the face value of the equity shares.

Objective of issue

Payment of Security Deposit for renting of office space. Working capital requirements. General corporate pusposes.

Jayant Infratech Ltd Contact Details

Jayant Infratech Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@jayantinfra.com

Website - www.jayantinfra.com