Prince Foundations Ltd - IPO

Prince Foundations Ltd IPO Details

Public issue of 5,669,000 equity shares of Rs.10/- each of Prince Foundations Limited (Prince or our Companyor the issuer) for cash at a price of Rs.[*]/- per equity share including a share premium of Rs.[*] /- per equity share aggregating Rs.[*] Crores (the issue). The issue comprises a reservation of up to 93,000 equity shares For subscription by eligible employees (as defined herein) (the employee reservation portion) and an issue To the pubic of 5,576,000 equity shares (the net issue to the public). There will also be a green shoe option of up to 557,600 equity shares for cash at a price of Rs.[*] /- per equity share aggregating Rs.[*] /- Crores (the green shoe option). The issue and the green shoe option, if exercised in full, will aggregate 6,226,600 equity shares amounting to Rs.[*] /- Crores. The net issue to the public will constitute 15.00 % of the fully diluted Post issue paid-up capital of our company assuming that the green shoe option is not exercised and 16.26% Assuming that the green shoe option is exercised in full.Price band: Rs.[*]/- to Rs.[*] /- per equity share of face value Rs.10/- eachThe floor price is [*] times of the face value and cap price is [*] times of the face value

Objective of issue

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Prince Foundations Ltd Contact Details

Prince Foundations Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - pfl@princefoundations.com

Website - www.princefoundations.com