Jesons Industries Ltd - IPO

Jesons Industries Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 5 each (Equity Shares) of the company for cash at a price of Rs. [*]~ per equity share (including a share premium of Rs. [*] per equity share) (Offer price) aggregating up to Rs. [*] crores (The Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 120.00 crores by the company (Fresh Issue) and an offer for sale of up to 12,157,000 equity shares aggregating up to Rs. [*] crores by Dhiresh Shashikant Gosalia (The Promoter selling shareholder and such offer, the offer for sale). The offer includes a reservation of up to 77,000 equity shares aggregating up to Rs. [*] crores, for subscription by eligible employees (The Employee reservation portion). The employee reservation portion shall not exceed 5% of the post-offer paid-up equity share capital. The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer will constitute [*]% and [*]% of the post-offer paid up equity share capital of the company, respectively.The Face value of the equity share is Rs. 5 each.

Objective of issue

Rapayment/ prepayment, in full or part, of certain borrowings availed of by the company and its subsidiary, Jesons Techno Polymers LLP. General corporate purposes.

Jesons Industries Ltd Contact Details

Jesons Industries Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@jesons.net

Website - www.jesons.net