White Organic Retail Ltd - IPO

White Organic Retail Ltd IPO Details

Public issue of 24,54,000 equity shares of face value of Rs. 10 each (equity shares) of White Organic Retail Limited (the company or the issuer) for cash at a price of Rs. 63 per equity share, including a share premium of Rs. 53 per Equity Share (the issue price), aggregating to Rs. 15.46 Crores (the issue), of which 1,24,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 63 per equity share, aggregating to Rs.0.78 Crores will be reserved for Subscriptions by the market maker to the issue (the market maker reservation portion). The issue less marketMaker reservation portion i.e. Issue 23,30,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 63 per Equity Share, aggregating to Rs.14.68 Crores is here in after referred to as the net issue. The issue and the net issue will constitute 44.99% and 42.72% 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 Rs.63 i.e. 6.30 times of the face value of the Equity Shares. The Minimum lot size is 2000 Equity Shares.o

Objective of issue

Funding the Working Capital Requirements of the Company. General Corporate Purposes.

White Organic Retail Ltd Contact Details

White Organic Retail Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@whiteorganics.co.in

Website - www.whiteorganics.co.in