Bang Overseas Ltd - IPO

Bang Overseas Ltd IPO Details

Public issue of 3,500,000 equity shares of Rs. 10/- each at a price of Rs.207/- per equity share for cash aggregating Rs.72.45 Crores (hereinafter referred to as the issue), including employee reservation of 100,000 equity shares of face value of Rs.10/- each at a price of Rs.207/- per equity share for cash aggregating Rs.2.07 Crores (hereinafter referred to as the employee reservation portion). The issue less the employee reservation portion shall be 3,400,000 equity shares of Rs. 10/- each (hereinafter referred to as the net issue to the public). The issue will constitute 25.81% of the post issue paid-up capital of our company.Issue Price is Rs.207/- per equity share of face value of Rs.10/- eachThe issue price is 27 times the face value

Objective of issue

Setting up Retail Outlets across India& Brand Buld. Setting up of a new Apparel Manufacturing Unit. Warehousing and logistic facilities. General Corporate Purposes.

Bang Overseas Ltd Contact Details

Bang Overseas Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - cs@banggroup.com

Website - www.banggroup.com