PPAP Automotive Ltd - IPO

PPAP Automotive Ltd IPO Details

Public issue of 50,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.150/- per equity share, including share premium of Rs.140/- per equity share aggregating Rs.75.00 Crores by Precision Pipes and Profiles Company Limited ( the company or the issuer). The net issue to the public would constitute 35.71% of the fully diluted post issue paid up capital of the company. Issue Price is Rs.150/- Per Equity Share of Face Value of Rs. 10 EachThe Issue Price is 15 times of the Face Value

Objective of issue

To Enhance in-house Tool Manf. & Design Capability. To increase our Prodn. Capacity at Existing Plant. Set up a new plantfor Manuf. of Auto Components. Set up anew plant for Electrical Outlet Systems. General Corporate Purpose.

PPAP Automotive Ltd Contact Details

PPAP Automotive Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investor@precisionpipes.com

Website - www.ppapco.in