Registered Office:
F/II Block Plot No 16/2,M I D C Pimpri,
Pune
-
411018,
Phone : +91-91567 44401
Fax : NA
Initial public issue of 15,39,600 equity shares of (Rs) 10/- each ("Equity Shares") of Piotex Industries Limited ("Piotex" or the "Company" or the "Issuer") for cash at a price of (Rs) 94/- per equity share including a share premium of (Rs) 84/- per equity share (the "Issue Price"), aggregating to
(Rs) 14.47 crores ("The Issue"), of which 78,000 equity shares of (Rs) 10/- each for cash at a price of (Rs) 94/- per equity share including a share premium of (Rs) 84/- per equity share aggregating to (Rs) 0.73 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 14,61,600 equity shares of (Rs) 10/- each including a share premium of (Rs) 84/- per equity share aggregating to (Rs) 13.74 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.17 % and 28.64%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs) 10/- and the issue price is
(Rs) 94/- the issue price is 9.40 times of the face value.
Opens On
Closes On
Application
Allotment
10-May-24
14-May-24
94.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
13.22
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer
14.47
Post Issue Equity Share Capital
5.10