Greenchef Appliances Ltd - IPO

Greenchef Appliances Ltd IPO Details

Initial public offer of 61,63,200 equity shares of face value of Rs. 10/- each (the Equity Shares) of Greenchef Appliances Limited (The Company or Greenchef or The Issuer) at an issue price of Rs. 87/- per equity share for cash, aggregating up to Rs. 53.62 crores (Public Issue) out of which 3,12,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 87/- per equity share for cash, aggregating Rs. 2.71 crores was reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 58,51,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 87/- per equity share for cash, aggregating upto Rs. 50.91 crores is herein after referred to as the Net Issue. The public issue and net issue was constituted 26.48% and 25.14% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding capital expenditure towards installation of additional plant and machinery. Funding capital expenditure towards construction of factory building. Funding working capital requirement. General corporate purposes.

Greenchef Appliances Ltd Contact Details

Greenchef Appliances Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@grenchef.in

Website - www.greenchef.in