Everest Kanto Cylinder Ltd - IPO

Everest Kanto Cylinder Ltd IPO Details

Public Issue of 56,25,000 Equity Shares of Rs 10/- each for cash at a price of Rs. 160 (including premium of Rs. 150 per Equity share), aggregating Rs.90 crores (hereinafter referred to as the Issue) by Everest Kanto Cylinder Ltd. (hereinafter referred to as Everest or the Company or the Issuer). The issue would constitute 31.95% of the fully diluted post issue paid-up Equity Share capital of the Company.Issue Price is Rs. 160 per Equity Share of face value of Rs. 10 each. Issue Price is 16 times of the face value.

Objective of issue

Setting mfg fclty for HP Cylnd. plant at Gandhidam.

Everest Kanto Cylinder Ltd Contact Details

Everest Kanto Cylinder Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@ekc.in

Website - www.everestkanto.com