Kaka Industries Ltd - IPO

Kaka Industries Ltd IPO Details

Initial public offer of upto 36,60,000* equity shares of face value of Rs. 10/- each (the Equity Shares) of Kaka Industries Limited (The Company or KIL or The Issuer) at an issue price of Rs. 58/- per equity share for cash, aggregating up to Rs. 21.23 crores (Public Issue) out of which 1,92,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 58 per equity share for cash, aggregating Rs. 1.11 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 34,68,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 58 per equity share for cash, aggregating upto Rs. 20.12 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.79% and 25.39% respectively of the post-issue paid-up equity share capital of the company.*Subject to finalization of basis of allotment.

Objective of issue

To meet working capital requirements. Repayment and/or pre-payment in full or part, of certain borrowings availed by the company. General corporate purposes.

Kaka Industries Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@kakaprofile.com

Website - www.kakaprofile.com