Dilip Buildcon Ltd - IPO

Dilip Buildcon Ltd IPO Details

Public Issue of 29,861,976 equity shares of face value of Rs. 10 each (Equity shares) of Dilip Buildcon Ltd. (The Company or the Issuer) for cash at a price of Rs. 219 per equity share (Including a share premium of Rs. 209 per equity share) aggregating up to Rs. 653.977 Crores (Issue) comprising a fresh issue of up to 19,634,703 equity shares aggregating up to Rs. 430 Crores (Fresh Issue) and an offer for sale of up to 1,136,364 equity shares by Dilip Suryavanshi, 1,136,364 equity shares by Devendra Jain (Dilip Suryavanshi and Devendra Jain collectively referred to as the Promoter selling shareholders) and 7,954,545 equity shares by Banyantree Growth Capital, LLC (The Investor selling shareholder) (The promoter selling shareholders and the investor selling shareholder collectively, The Selling shareholders) aggregating up to Rs. 223.977 Crores (The Offer for sale and together with the fresh issue, the Issue). The issue will constitute 21.83% of the post-issue paid-up equity share capital.The issue price Rs. 219 per Equity Share of face value of Rs. 10 each. The issue Price is 21.90 times the face value The Face Value of Equity shares is Rs. 10 Each.

Objective of issue

Purchase of engineering equipment. Pre-payment or scheduled repayment of term loans. To meet working capital requirements. General corporate purposes.

Dilip Buildcon Ltd Contact Details

Dilip Buildcon Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - csabhishek@dilipbuildcon.co.in

Website - www.dilipbuildcon.com