Foce India Ltd - IPO

Foce India Ltd IPO Details

Initial Public Offering of up to 12,90,000 equity shares of Rs. 10.00 each (Equity Shares) of Foce India Limited (Foce or The Company) for cash at a price of Rs. 225 per equity share (including a share premium of Rs. 215 per equity share (The Issue Price), aggregating to Rs. 29.03 Crores (The Issue), consisting of fresh issue of upto 9,00,000 equity shares aggregating to Rs. 20.25 Croress and an offer for sale of upto 3,90,000 equity shares by the promoter selling shareholder (Selling Shareholder) aggregating to Rs. 8.78 Crores (Offer for Sale), out of which up to 64,800 equity shares of Rs. 10 each for a cash at a price of Rs. 225 per equity share aggregating to Rs. 1.46 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. issue of up to 12,25,200 equity shares of Rs. 10 each for a cash price at a price of Rs. 225 per equity shares aggregating to Rs. 27.57 crores hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.36% and 25.04 %, 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 22.50 times of the face value. Bids cans be made for a minimum of 600 equity and in multiple of 600 shares thereafter.

Objective of issue

To Meet Working Capital Requirements. General Corporate Purpose.

Foce India Ltd Contact Details

Foce India Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - office@foceindia.com

Website - www.foceindia.com