Insecticides India Ltd - IPO

Insecticides India Ltd IPO Details

Public issue of 32,10,000 equity shares of Rs.10/- each for cash at a price of Rs.115/- per equity share, including share premium of Rs.105/- per equity share aggregating Rs.36.92 Crores by Insecticides (India) Limited ( 'the company' or 'the issuer'). The issue comprises of reservation of 32,100 equity shares aggregating Rs.0.37 Crores for permanent employees (employees reservation portion) on a competitive basis and the net issue to the public of 31,77,900 equity shares aggregating Rs.36.54 Crores. The net issue to the public would constitute 25.06% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.115/- per equity share of face value of Rs.10/- each.The issue price is 11.5 times of the face value

Objective of issue

To Set up a formulation Plant. To Set up a Plant for Manufacturing technicals. To Set up a Research & Deelopment Facility. General Corporate Purpose.

Insecticides India Ltd Contact Details

Insecticides India Ltd, 2E/21 Alankit House, Anarkali Market, Jhandewalan Extn, New Delhi - 110055

Phone - 91-11-42541234/23541234

Fax - 91-11-41540064

Email - investor@insecticidesindia.com

Website - www.insecticidesindia.com