Kahan Packaging Ltd - IPO

Kahan Packaging Ltd IPO Details

Initial public offer of 7,20,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Kahan Packaging Limited (The Company or KPL or Issuer) at an issue price of Rs. 80 per equity share (including a share premium of Rs. 70 per equity share) for cash, aggregating up to Rs. 5.76 crores (Public Issue) out of which 40,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 80 per equity share for cash, aggregating Rs. 0.32 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 6,80,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 80 per equity share for cash, aggregating up to Rs. 5.44 crores is here inafter referred to as the Net Issue. The public issue and net issue will constitute 26.47% and 25.00% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

To meet the working capital requirements. General corporate purposes.

Kahan Packaging Ltd Contact Details

Kahan Packaging Ltd, Shiv Shakti Indust, Unit No 9 Lower Pare, 7 B J R Boricha Marg, Mumbai-400011

Phone - 91-022-23016761

Fax -

Email - info@kahanpackaging.com

Website - www.kpackltd.com