Committed Cargo Care Ltd - IPO

Committed Cargo Care Ltd IPO Details

Initial public issue of 32,40,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Committed Cargo Care Limited (The Company or the Issuer) for cash at a price of Rs. 77 per equity share (the Issue Price), (including a premium of Rs. 67 per equity share), aggregating Rs. 24.95 crores (The Issue), of which 1,64,800 equity shares of face value of Rs. 10/- for cash at a price of Rs. 77 each aggregating Rs. 1.27 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 30,75,200 equity shares of face value of Rs. 10 each for cash at a price of Rs. 77 per equity share, aggregating to Rs. 23.68 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 29.97% and 28.45% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is 7.7 times of the face value.Minimum application of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Objective of issue

To meet the working capital requirements of the company. To meet the working capital requirements of the subsidiary. General corporate purpose.

Committed Cargo Care Ltd Contact Details

Committed Cargo Care Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - hr@committedgroup.com

Website - www.committedgroup.com