Kataria Industries Ltd - IPO

Kataria Industries Ltd IPO Details

Initial public issue of upto 56,84,400 equity shares of face value of Rs. 10/- each of Kataria Industries Limited (KIL or the Company or the Issuer) for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the Issue {Price) aggregating to Rs. 54.57 crores (The Issue), of which 2,88,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share aggregating to Rs. 2.76 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 53,96,400 equity shares of face value of Rs. 10/- each at a price of Rs. 96 per equity share aggregating to Rs. 51.81 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.40 % and 25.06 % respectively of the post issue paid up equity share capital of the company. Issue Price:Rs. 96 per equity share of face value of Rs. 10 each.The issue price is 9.6 times of the face value.

Objective of issue

Capital Expenditure for plant and machinery. Repayment of Debt. General corporate purposes.

Kataria Industries Ltd Contact Details

Kataria Industries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@katariagroup.co.in

Website - www.katariaindustries.co.in