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KMS Medisurgi Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 2.7

Price Range (₹)

₹ 30

Lot Size

4000

Min Investment (₹)

₹ 1,20,000.00

Listing Exchange

BSE - SME

Open Date

12-Apr-2017

Close Date

17-Apr-2017

Listing Date

24-Apr-2017

KMS Medisurgi Ltd News

KMS Medisurgi Ltd IPO Details

Public issue of 9,00,000 equity shares of Rs. 10 each (equity shares) of KMS Medisurgi Limited (KMS or The Company or The Issuer) for cash at a price of Rs. 30 per share (The Issue Price), aggregating to Rs. 2.70 crores (The Issue), of which, 52,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (The Market Maker reservation portion). The issue less the market maker reservation portion i.e. issue of 8,48,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.27% and 25.70%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 30/- i.e. 3.00 times of the face value of the equity shares.

Objective of issue

To part-finance incremental working capital req..

KMS Medisurgi Ltd Contact Details

KMS Medisurgi Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - kms.medisurgi@gmail.com

Website - www.kmsgroup.in