B.L.Kashyap & Sons Ltd - IPO

B.L.Kashyap & Sons Ltd IPO Details

Public Issue of 2,750,000 equity shares of Rs. 10 each for cash at a price of Rs. 685 per Equity Share aggregating Rs.188.38 crores (Issue). There will also be a Green Shoe Option of upto 250,000 Equity Shares to be lent by Mr. Vineet Kashyap, one of our Promoters. The Green Shoe Option exercised is1,70,000 equity shares for cash at a price of RS.685 per Equity Share aggregating Rs.11.64 crores. The issue and the Green Shoe Option, Partially exercised, aggregates 29,20,000 Equity Shares and amounts to Rs.200.02 Crores. The issue price is Rs.685 per Equity Share of Face Value Rs.10. Issue price is 68.5 times the Face Value

Objective of issue

Acquire Plants and Machineries. Acquire Land & Building. Augment long term working capital. Investments in subsidiary, BLK Furnishers.

B.L.Kashyap & Sons Ltd Contact Details

B.L.Kashyap & Sons Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - pushpak@blkashyap.com, info@blkashyap.com

Website - www.blkashyap.com