Midfield Industries Ltd - IPO

Midfield Industries Ltd IPO Details

Public issue of 4,500,000 equity shares of face value of Rs.10/- each of Midfield Industries Limited ('The company' or The 'Issuer') for cash at a price of Rs. 133 per equity share (including a share premium of Rs. 123 per equity share) aggregating to Rs. 59.85 Crores (the 'issue'). The issue would constitute 35.10% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs. 133/- per equity share The issue price is 13.3 times of the face value

Objective of issue

Expansion of capacities at the existing plants. Setting up new facilities. Augmenting long term working capital requirement. General corporate purposes.

Midfield Industries Ltd Contact Details

Midfield Industries Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - investors@midfieldindustries.com