Bajaj Superpack India Ltd - IPO

Bajaj Superpack India Ltd IPO Details

Public issue of 26,96,000 equity shares of a face value of Rs. 10.00 each (the equity shares) of Bajaj Superpack India Limited (company or BSIL or The Issuer) for cash at a price of Rs. 61.00 per equity share (including a share premium of Rs. 51.00 per equity share) (the issue price), aggregating to Rs. 16.45 crores (the issue) of which 1,36,000 equity shares aggregating to Rs. 0.83 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 25,60,000 equity shares of face value of Rs. 10.00 at an issue price of Rs. 61.00 each aggregating to Rs. 0.16 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.35% and 25.02%, respectively of the post issue paid-up equity share capital of the company.

Objective of issue

Expansion of the existing manufacturing unit. Acquisition of land, construction of building, installation of plant & machinery, electrical installation, installation of laboratory equipment for new project. General corporate purpose.

Bajaj Superpack India Ltd Contact Details

Bajaj Superpack India Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@bajajsuperpack.com

Website - www.bajajsuperpackindia.com