Montecarlo Ltd - IPO

Montecarlo Ltd IPO Details

Initial Public offer of up to (*) equity shares of face value of Rs. 10 each (the equity shares) of Montecarlo Limited (the company) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) aggregating up to Rs. (*) Crores (the offer) consisting of a fresh issue of up to (*) equity shares aggregating up to Rs. 450 Crores by the company (the fresh issue) and an offer for sale of up to 3,000,000 equity shares (the offered shares) by Kanubhai M Patel Trust (Represented through its trustees) (Sselling Shareholder) aggregating up to Rs. (*) Crores (the offer for sale). Together with the fresh issue, offer). The offer includes a reservation of up to (*) equity shares, aggregating to Rs. (*) Crores (consititutin up to (*)% of the post-offer paid-up equity share capital), For Subscription by the eligible employees (The Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as Net Offer. The offer and the net offer shall consititute (*)% and (*)% respectively, of the post-offer paidup equity share capital of the company.The face value of equity shares is Rs. 10 each.

Objective of issue

Working Capital Requirements of the company. Investmen in MHHHPL for part-financing of the Hubli Haveri HAM Project. General Corporate Purposes.

Montecarlo Ltd Contact Details

Montecarlo Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060