Oan Industries Ltd - IPO

Oan Industries Ltd IPO Details

Initial public offer of upto 29,32,800* equity shares of face value of Rs.10.00 each (equity shares) of oan industries limited (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). The issue includes a reservation of upto [*] equity shares aggregating to Rs.[*] 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 upto [*] equity shares aggregating to Rs.[*] crores (the net issue).The price band and the minimum bid lot will be decided by the company in consultation with the book running lead manager.

Objective of issue

Acquiring new plant and machinery. Construction of foundation for new Factory Building. Repayment/pre-payment of certain Debt Facilities. Working capital requirements. General corporate purposes.

Oan Industries Ltd Contact Details

Oan Industries Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@oanindustries.com

Website - www.oanindustries.com