Bartronics India Ltd - IPO

Bartronics India Ltd IPO Details

Public Issue of 65,00,000 Equity Shares of face value of Rs. 10/- each per share at a price of Rs. 75 for cash(including premium of Rs. 65 per share) aggregating Rs. 48.75 crores (hereinafter referred to as the issue) including Promoters' Reservation of 5,00,000 Equity Shares and Employee Reservation of 6,00,000 Equity Shares of face value of Rs. 10/- each per share at a price of Rs. 75 for cash aggregating Rs. 8.25 crores and net issue to the Public of 54,00,000 equity shares of face value or Rs. 10/- each per share at a Price of Rs. 75 for cash aggregating Rs. 40.50 crores (hereinafter referred to as the Net Issue) and the net issue would constitute 37.07% of the fully diluted post issue paid-up capital of the company.

Objective of issue

Setting up of R & D Technology Center. Establishing branches in India & Abroad. Repaying of Loan. Making Acquisitions. Meeting the Working capital requirements. Meeting Marketing Expenses.

Bartronics India Ltd Contact Details

Bartronics India Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - info@bartronicsindia.com

Website - www.bartronics.com