Mindpool Technologies Ltd - IPO

Mindpool Technologies Ltd IPO Details

Initial public issue of 12,00,000 equity shares of face value of Rs. 10/- each (The Equity Shares) of Mindpool Technologies Limited (The company or MTL or The Issuer) for cash at a price of Rs. 30 per equity share (including a share premium of Rs. 20 per equity share) (Issue Price) aggregating to Rs. 3.60 crores (The Issue) of which 64,000 equity shares aggregating to Rs. 0.19 crores will be reserved for subscription by market maker (Market Maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 11,36,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 30 per equity share aggregating to Rs. 3.41 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.32 % and 26.81%, 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 is 3 times of the face value.

Objective of issue

To meet working capital requirement. General corporate purpose. Repayment of a portion of Bank Borrowings.

Mindpool Technologies Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@mindpooltech.com

Website - www.mindpooltech.com