Ducol Organics & Colours Ltd - IPO

Ducol Organics & Colours Ltd IPO Details

Public issue of 40,40,000 equity shares of face value of Rs. 10.00 each of Ducol Organics and Colours Limited (The Company or The Isuer) for cash at a price of Rs. 78.00 per equity share (including a share premium of Rs. 68.00 per equity share) (Issue Price) aggregating to Rs. 31.51 crores (The Issue). of the issue, 4,01,600 equity shares aggregating to Rs. 3.13 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 36,38,400 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 78.00 per equity share aggregating to Rs. 28.38 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.79% and 25.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 78.00 is 7.80 times of the face value.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Ducol Organics & Colours Ltd Contact Details

Ducol Organics & Colours Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - ipo@ducol.com

Website - www.ducol.com