Touchwood Entertainment Ltd - IPO

Touchwood Entertainment Ltd IPO Details

Public issue of 10,53,000 equity shares of face value of Rs. 10 each of Touchwood Entertainment Limited (tel or the company or the issuer) for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 Per equity share (the issue price) aggregating to Rs. 4.21 Crores (the issue), of which 54,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share aggregating to Rs. 0.22 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 9,99,000 equity shares of face value of Rs. 10 each at a price of Rs. 40 per equity share including a share premium of Rs. 30 per equity share aggregating to Rs. 3.99 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 25.86% and 24.53% respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price is 4 times of the face value.

Objective of issue

Capital expenditure for business expansion. General corporate purpose. Repayment of Loan. Issue expenses.

Touchwood Entertainment Ltd Contact Details

Touchwood Entertainment Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@touchwood.in

Website - www.touchwood.in