Kanone Technologies Ltd - IPO

Kanone Technologies Ltd IPO Details

Initial public issue of up to 40,68,000 equity shares of face value of Rs.10/- each of Kanone Technologies Limited (Kanone or the company or the issuer) for cash at a price of Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share (the issue price) aggregating to Rs.[*] crores (the issue) of which upto [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*]/- perequity share including a share premium of Rs.[*]/- per equity share aggregating to Rs.[*] crores will be reserved for subscription by marketmaker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of [*] equityshares of face value of Rs.10/- each at a price of Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share aggregatingto Rs.[*] crores (the net issue). The issue and the net issue will constitute upto [*] and [*] respectively of the post issue paid up equity sharecapital of the company. The face value of the equity shares is Rs.10/- each and the issue price of Rs.[*]/- the issue price is [*] times of the face value of the equity shares.

Objective of issue

Construction of a state-of-the-art office-cum-warehouse facility. To meet working capital requirements. To meet working capital requirements. To meet working capital requirements. To meet working capital requirements. General corporate purpose. General corporate purpose. General corporate purpose. General corporate purpose.

Kanone Technologies Ltd Contact Details

Kanone Technologies Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - kanonetechnologies@gmail.com

Website - www.kanone.in