Phantom Digital Effects Ltd - IPO

Phantom Digital Effects Ltd IPO Details

Public issue of 30,63,600 equity shares of face value of Rs. 10 each (Equity Shares) of Phantom Digital Effects Limited (the Company or the Issuer) for cash at a price of Rs. 95 per equity (the Issue Price) aggregating to Rs. 29.10 crores (The Issue) comprising of a fresh issue of 26,40,000 equity shares aggregating to Rs. 25.08 crores (the Fresh Issue) and an offer for sale of 4,23,600 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 4.02 crores of which 153,600 equity shares aggregating to Rs. 1.46 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 29,10,000 equity shares aggregating to Rs. 27.65 crores (the Net Issue). The issue and the net issue will constitute 26.32% and 25.00 % respectively of the post issue paid up equity share capital of the company. The issue price is Rs. 95 per equity share of face value of Rs. 10 each.The issue price is 9.5 times of the face value of the equity.Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Capital Expenditure for setting up of Studios. General Corporate Expenses.

Phantom Digital Effects Ltd Contact Details

Phantom Digital Effects Ltd, Shiv Shakti Indust, Unit No 9 Lower Pare, 7 B J R Boricha Marg, Mumbai-400011

Phone - 91-022-23016761

Fax -

Email - cs@phantom-fx.com

Website - www.phantom-fx.com