Jay Bee Laminations Ltd - IPO

Jay Bee Laminations Ltd IPO Details

Public offer of up to 60,93,000* equity shares of face value of Rs. 10.00/- each (Equity Shares) of Jay Bee Laminations Limited, the Issuer for cash at a price of Rs. 146.00/- per equity share (including a premium of Rs. 136.00/- per equity share), the Offer Price aggregating to Rs. 88.96 crores* (The Offer) comprising of a fresh issue of 45,70,000* equity shares of face value of Rs. 10.00/- each aggregating to Rs. 66.72 crores* (the Fresh Issue) and an offer for sale of 15,23,000* equity shares of face value of Rs. 10.00/- each by the promoter selling shareholder (Offer for Sale) aggregating to Rs. 22.24 crores* of which 3,05,000 equity shares of face value of Rs. 10.00/- each aggregating to Rs. 4.45* crores reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The offer less the market maker reservation portion i.e. net offer of 57,88,000 equity shares aggregating to Rs. 84.50 crores* (the Net Offer). The issue and the net issue will constitute 27.00% and 25.65% respectively of the post issue paid up equity share capital of the company.*Subject to finalization of basis of allotment.The face value of the equity shares is Rs. 10.00/- each and the offer price Rs. 146.00/- is of 14.60 times the face value of equity shares.

Objective of issue

Funding its working capital requirements. General corporate expenses.

Jay Bee Laminations Ltd Contact Details

Jay Bee Laminations Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investor@jaybeelaminations.co.in

Website - www.jaybeelaminations.co.in