CFF Fluid Control Ltd - IPO

CFF Fluid Control Ltd IPO Details

Initial public offer of upto 52,00,000 equity shares of Rs. 10 each (Equity Shares) of CFF Fluid Control Limited (CFF or the Company) for cash at a price of Rs. 165 per share (the Issue Price), aggregating to Rs. 85.80 crores (The Issue), of which upto 2,60,800 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 49,39,200 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.70% and 25.36%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 16.5 times of the face value.

Objective of issue

Funding working capital requirements. Repayment of Loans. Purchase of machinery and equipement. Acquire technology of Towed Wire Antena (TWA). General Corporate Purposes.

CFF Fluid Control Ltd Contact Details

CFF Fluid Control Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - compliance@cffdefensys.com

Website - www.cffdefensys.com