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Narmadesh Brass Industries Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ -

Price Range (₹)

₹ -

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

Narmadesh Brass Industries Ltd IPO Details

Initial public offering of upto 6,50,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Narmadesh Brass Industries Limited (The Company or The Issuer Company) for cash at a price Rs. [*] per equity share (including a share premium of Rs. [*] /- per equity share) (Offer Price) aggregating to Rs. [*] crores, the offer comprises fresh issue of up to 3,50,000 equity shares aggregating up to Rs. [*] crores (Fresh Issue) and an offer for sale of up to 3,00,000 equity shares by the selling shareholder aggregating up to Rs. [*] crores (the Selling Shareholder) (the Offer for Sale, and together with the fresh issue, the Offer). Out of which upto 36,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. [*] /- per equity share, aggregating to Rs. [*] 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 upto 6,14,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] /- per equity share aggregating to Rs. [*] crores (is hereinafter referred to as the Net Issue). The issue and the net issue will constitute [*] % and [*] %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. [*] is [*] time of the face value.

Objective of issue

Repayment, whether in part or full of specific outstanding of capital contribution of retired partner of the company. Funding working capital requirements of the company. General corporate purposes.

Narmadesh Brass Industries Ltd Contact Details

Narmadesh Brass Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@narmadeshbrass.com

Website - www.narmadeshbrass.com