Crayons Advertising Ltd - IPO

Crayons Advertising Ltd IPO Details

Public issue of 64,30,000 equity shares of face value of Rs. 10 each (Equity Shares) of Crayons Advertising Limited (the Company or the Issuer) for cash at a price of Rs. 65 per equity (the Issue Price) aggregating to Rs. 41.80 crores (The Issue) comprising of a fresh issue of 64,30,000 equity shares aggregating to Rs. 41.80 crores (the Fresh Issue) of which 3,22,000 equity shares aggregating to Rs. 2.09 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 61,08,000 equity shares aggregating to Rs. 39.70 crores (the Net Issue). The issue and the net issue will constitute 26.32% and 25.00% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 65 per equity share of the face value of Rs. 10 and the issue price is 6.5 times of the face value.Bid can be made for minimum of equity shares is 2000 and the multiples of 2000 equity shares thereafter.

Objective of issue

Funding of working capital requirements of the Company. Capital expenditure on infrastructure and cutting-edge technology foe expansion. General Corporate Expenses.

Crayons Advertising Ltd Contact Details

Crayons Advertising Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@thecrayonsnetwork.com

Website - www.thecrayonsnetwork.com