Cords Cable Industries Ltd - IPO

Cords Cable Industries Ltd IPO Details

Public issue of 30,85,000 equity shares of Rs. 10/- each issued for cash at a price of Rs.135/- per share aggregating Rs.41.65 Crores (the issue) of Cords Cable Industries Limited (our company or the issuer) including employee reservation of 70,000 equity shares of Rs. 10/- each at a price of Rs.135/- each for cash aggregating Rs.0.95 Crores and the net issue to the public of 30,15,000 equity shares of Rs. 10/- each at a price of Rs.135/- each for cash aggregating Rs.40.70 Crores (net issue to public). The issue would constitute 27.00% of the fully diluted post issue paid up capital of our company. The net issue to the public would constitute 26.38% of the fully diluted post issue paid up capital of our company. Issue Price is Rs.135/- per equity share of the face value Rs.10/-each. Issue price is 13.5 times the face value

Objective of issue

Setting up of Production Facilities. Working Capital requirements.

Cords Cable Industries Ltd Contact Details

Cords Cable Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ccll@cordscable.com, ipo@cordscable.com

Website - www.cordscable.com