Manoj Ceramic Ltd - IPO

Manoj Ceramic Ltd IPO Details

Initial public issue of 23,34,000 equity shares of face value of Rs. 10.00 each of Manoj Ceramic Limited (the Company or the Issuer) for cash at a price of Rs. 62.00 per equity share including a share premium of Rs. 52.00 per equity share (the Issue Price) aggregating to Rs. 14.47 crores (The Issue), of which 1,18,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 62.00 per equity share including a share premium of Rs. 52.00 per equity share aggregating to Rs. 0.73 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., net issue of 22,16,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 62.00 per equity share aggregating to Rs. 13.74 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.01% and 26.59% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 62.00, being 6.2 times of the face value.Bids can be made for a minimum of 2000 equity shres and in multiples of 2000 equity shares thereafter.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Manoj Ceramic Ltd Contact Details

Manoj Ceramic Ltd, Shiv Shakti Indust, Unit No 9 Lower Pare, 7 B J R Boricha Marg, Mumbai-400011

Phone - 91-022-23016761

Fax -

Email - compliance@mcplworld.com

Website - www.mcplworld.com