Nakshatra World Ltd - IPO

Nakshatra World Ltd IPO Details

Initial public offering of up to 18,000,000 equity shares of face value of Rs. 10 each (the equity shares) of Nakshatra World Limited (formerly known as Gitanjali Brands Limited) (NWL or The Company or The Issuer) for cash at a price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) (The Issue Price), aggregating up to Rs. [*] crores (The Issue). The company may, in consultation with the BRLMs, offer a reservation on a competitive basis for the employees (employee reservation) in accordance with securities and exchange board of india (issue of capital and disclosure requirements) regulations, 2009, as amended (the SEBI ICDR regulations). The details of any discount to the retail individual investors and the eligible employees bidding in the employee reservation portion (the retail discount) shall be disclosed in the red herring prospectus prior to filing it with the roc. The issue less the employee reservation portion is referred to as the net issue. The issue and the net issue will constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10 each.

Objective of issue

Funding the working capital req. of the company. Funding the working cap. req. of its subsidiaries.

Nakshatra World Ltd Contact Details

Nakshatra World Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors@nakshatra.world