Uravi T and Wedge Lamps Ltd
Registered Office:
Shop No. LG-20, Lower Ground,Avior Nirmal Galaxy LBS Marg,
Mumbai
-
400080,
Phone : 91-22-25651355
Fax : 91-22-25651355
Public offer of 15,00,000 equity shares of (Rs) 10/- each ("equity shares") of Uravi T and Wedge Lamps Limited ("UVAL" or the "company") for cash at a price of (Rs) 100 per share (the "offer price"), aggregating to (Rs) 15.00 crores ("the offer") consisting of fresh issue of 5,00,000 equity shares aggregating to (Rs) 5.00 crores and an offer for sale of 10,00,000 equity shares by the promoters and promoters group selling shareholders aggregating to (Rs) 10.00 crores ("offer for sale"), of which upto 79,200 equity shares of (Rs) 10 each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of upto 14,20,800 equity shares of (Rs) 10/- each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 27.27% and upto 25.83%, respectively of the post offer paid up equity share capital of the company.
The Face value of the equity share is (Rs) 10 and the offer price is 10 times of the face value.
Opens On
Closes On
Application
Allotment
16-Mar-18
20-Mar-18
100.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
5.00
Aryaman Financial Services Ltd
Project Financed through Current Offer
15.00
Post Issue Equity Share Capital
5.50
Funding long term working capital requirement
Expenditure for general corporate purposes
Niraj Gada
Kaushik Gada
Brijesh Aggarwal