Badri Cotsyn Ltd - IPO

Badri Cotsyn Ltd IPO Details

Initial public issue of upto 57,00,000 equity shares of face value of Rs. 10/- each of Badri Cotsyn Limited (Badri or 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 Issue Price) aggregating to Rs. [*] crores (the Issue), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after 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 price band and the minimum bid lot will be decided by the company.

Objective of issue

Construction of factory building and purchase of plant and machinery. Repayment and/or pre-payment or repayment, in full or part, of certain outstanding borrowings availed by its company. General corporate purpose.

Badri Cotsyn Ltd Contact Details

Badri Cotsyn Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

Phone - 91-80-23460815-818

Fax - 91-80-23460819

Email - compliance@badrigroup.com

Website - https:, badrigroup.com