Eleganz Interiors Ltd - IPO

Eleganz Interiors Ltd IPO Details

Initial public issue of upto 60,05,000 equity shares of face value of Rs. 10/- each of Eleganz Interiors Limited (EIL OR The Company or the Issuer) For cash at a price of Rs. 130/- per equity share including a share premium of Rs. 120/- per equity share (the issue price) aggregating to Rs. 78.07 crores (the Issue), of which 3,01,000 equity shares of face value of Rs. 10/- each for cash at a price of 130/- per equity share including a share premium of Rs. 120/- per equity share aggregating to Rs. 3.91 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 57,04,000 equity shares of face value of Rs. 10/- each at a price of 130/- per equity share including a share premium of Rs. 120/- per equity share aggregating to Rs. 74.16 croress is herein after referred to as the (Net Issue). The issue and the net issue will constitute 26.57 % and 25.24 %, respectively, of the post issue paid up equity share capital of the company.

Objective of issue

Repayment of a portion of certain outstanding borrowings availed by the company. Utilization towards working capital requirements of the company. General Corporate Purposes.

Eleganz Interiors Ltd Contact Details

Eleganz Interiors Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@eleganz.co.in

Website - www.eleganz.co.in