Creative Graphics Solutions India Ltd - IPO

Creative Graphics Solutions India Ltd IPO Details

Public issue of 64,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Creative Graphics Solutions India Limited (the Company or the Issuer) for cash at a price of Rs. 85.00 per equity (the Issue Price) aggregating to Rs. 54.40 crores (The Issue) comprising of a fresh issue of 64,00,000 equity shares aggregating to Rs. 54.40 crores (the Fresh Issue) of which 3,20,000 equity shares aggregating to Rs. 2.72 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 60,80,000 equity shares aggregating to Rs. 51.68 crores (the Net Issue). The issue and the net issue will constitute 26.35% and 25.03% respectively of the post issue paid up equity share capital of the company. The Offe Price is Rs. 85 per equity share of face value of Rs. 10/- each and the issue price is 8.50 times of the face value.Bid can be made for minimum of 1600 equity shares and the multiples of 1600 equity shares thereafter.

Objective of issue

To meet the working capital requirements of the company Creative Graphics. Repayment/prepayment in part or full of certain of its borrowings. To meet the working capital requirements of the company Creative Graphics. To meet out the inorganic growth through unidentified acquisition for company. General corporate purposes.

Creative Graphics Solutions India Ltd Contact Details

Creative Graphics Solutions India Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@creativegraphics.net.in

Website - https:, creativegraphics.net.in, home