Madhav Copper Ltd - IPO

Madhav Copper Ltd IPO Details

Further Public Offer consisting of fresh issue of 24,99,600* equity shares of face value of Rs. 5 each (equity shares) of Madhav Copper Limited (company or issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) aggregating upto Rs. (*) Crores (the issue). The issue includes a reservation of 1,26,000 equity shares of face value Rs. 5 each at a price of Rs. (*) per equity share aggregating Rs. (*) Crores for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i e. Net issue of 23,73,600 equity shares of face value of Rs. 5 each for cash at a price of Rs. (*) per equity share, aggregating Rs. (*) Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 9.21% and 8.74% respectively of the post issue paid up equity share capital of the company.Price Band: Rs.100 to Rs.102 per Equity Share of face value of Rs.5 each.The face value of equity share is Rs.5 each.Bid can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Purchase of Plant & Machinery. Prepayment/Repayment of certain Secured Borrowings availed by the company. Prepayment/Repayment of certain Secured Borrowings availed by the company. General corporate purpose. General corporate purpose. Funding the Working Capital Requirement of the company. Funding the Working Capital Requirement of the company. General Corporate Purposes. General Corporate Purposes.

Madhav Copper Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@madhavcopper.com

Website - www.madhavcopper.com