Pradip Overseas Ltd - IPO

Pradip Overseas Ltd IPO Details

Public issue of 1,06,00,000 equity shares of Rs.10/- each at a price of Rs. 110/- per equity share for cash aggregating Rs. 116.60 crores (the issue), by Pradip Overseas Limited (the company or the issuer). The issue comprises 5,00,000 equity shares of Rs.10/- each reserved for subscription by eligible employees and a net issue to the public of 1,01,00,000 equity shares of Rs.10/- each. The issue will constitute 26.26 % of the fully diluted post issue paid-up capital of the compay. The net issue to public will constitute 25.02 % of the fully diluted post issue paid-up capital of our company.Issue Price : Rs. 110/- per equity share of face value of Rs.10/- eachThe issue price is 11 times of the face value

Objective of issue

To Part Fin.the Setting up Prop. Manuf. Facility. To Part Fin. Margin Money requirement Working Capi.

Pradip Overseas Ltd Contact Details

Pradip Overseas Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - exim@pradipoverseas.com, pol.office@gmail.com

Website - www.pradipoverseas.com