Nekkanti Sea Foods Ltd - IPO

Nekkanti Sea Foods Ltd IPO Details

Initial public offering of up to (*) equity shares of face value of Rs. 2 each (equity shares) of Nekkanti Sea Foods Limited (the company or the issuer) for cash at a price of Rs. (*) per equity share including a share premium of Rs. (*) per equity share (the offer price), aggregating up to Rs. (*) Crores^ (the offer) comprising of a fresh issue of up to (*) equity shares by the company aggregating up to Rs.250 Crores (the fresh issue) and an offer for sale of up to 8,000,000 equity shares aggregating up to Rs. (*) Crores by the selling shareholders (the offer for sale). The offer shall constitute atleast 10% of the post-offer paid-up equity share capital of the company.The face value of the equity share is Rs. 2 each. The offer price is (*) times the face value of the equity shares.The price band and minimum bid lot size will be decided by the company.

Objective of issue

Funding the Working Capital requirements of the company. General Corporate Purposes.

Nekkanti Sea Foods Ltd Contact Details

Nekkanti Sea Foods Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@nekkanti.net