Newline Communications Systems Ltd - IPO

Newline Communications Systems Ltd IPO Details

Public issue of * equity shares of R * each for cash at a price of Rs *per share aggregating to Rs 9 cr.The Issue includes a Book Built Portion of Rs 6.75 Cr and a Fixed price portion of Rs 2.25 Cr. The Book Built Portion is for 75% of the total issue size of which 60% of the issue size shall be allotted to Qualified Institutional Buyers (QIBs) on discretionary basis and the remaining 15% shall be available for allotment to non-institutional investors on proportionate basis. The Fixed Price Portion is for 25% of the total issue size.

Objective of issue

Newline Communications Systems Ltd Contact Details

Newline Communications Systems Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207