Hanung Toys and Textiles Ltd - IPO

Hanung Toys and Textiles Ltd IPO Details

Public issue of 95,00,000 equity shares of Rs.10/- each at a premium of Rs.85 per equity share and at a price of Rs.95/- per equity share for cash aggregating Rs.90.25 Crores (hereinafter referred to as this issue). This issue comprises of reservation of 5,00,000 equity shares aggregating Rs.4.75 Crores for eligible employees on a competitive basis and the net issue to the public of 90,00,000 equity shares of face value of Rs.10/- each at premium of Rs.85 per equity share and at a price of Rs.95 per equity share for cash aggregating Rs.85.50 crores . The net issue would constitute 35.73% of the post issue paid-up capital of our company.Issue Price Rs.95/- per equity share of face value Rs.10/-The issue price is 9.5 times of the face value

Objective of issue

To add fabrics weaving faci., modern process house. Part substitution of existing working capital.

Hanung Toys and Textiles Ltd Contact Details

Hanung Toys and Textiles Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - investor@hunuang.com

Website - www.hanung.com