Fabino Enterprises Ltd - IPO

Fabino Enterprises Ltd IPO Details

Initial public issue of 9,00,000 equity shares of Rs. 10 each (Equity Shares) of Fabino Life Sciences Limited (FLSL or the Company) for cash at a price of Rs. 36 per share (The Issue Price), aggregating to Rs. 3.24 crores (The Issue), of which 48,000 equity shares of Rs. 10 each 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 8,52,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 42.86% and 40.57%, respectively of the post issue paid up equity share capital of the company.The the face value of the equity share is Rs. 10/- and the issue price is 3.6 times of the face value.Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Objective of issue

Part Repayment of Loans. Funding Working Capital Requirements. General Corporate Purpose.

Fabino Enterprises Ltd Contact Details

Fabino Enterprises Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@fabinolife.com

Website - www.fabinolife.com