CMM Infraprojects Ltd - IPO

CMM Infraprojects Ltd IPO Details

Initial public issue of upto 45,45,000 equity shares of face value of Rs. 10/- each (equity shares) of CMM Infraprojects limited (the company or the issuer) for cash at a price of Rs. 40/- per equity share, including aShare premium of Rs. 30/- per equity share (the issue price), aggregating Rs. 18.18 Crores (the issue), of which upto 2,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, Aggregating Rs. 0.91 Crores will be reserved for subscription by the market maker to the issue (the market Maker reservation portion). The issue less market maker reservation portion i.e. Issue of upto 43,17,000 equity Shares of face value of Rs. 10 each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 17.27 Crores is Hereinafter refered to as the net issue. The issue and the net issue will constitute 29.00% and 27.54% Respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 40.00 is 4 times of the face value of the equity shares.

Objective of issue

Working capital requirements. General corporate purpose.

CMM Infraprojects Ltd Contact Details

CMM Infraprojects Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cmm.kmundra@gmail.com

Website - www.cmminfra.com