Kontor Space Ltd - IPO

Kontor Space Ltd IPO Details

Initial public offering of upto 16,80,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Kontor Space Limited (Kontor or The Company or The Company or The Issuer) for cash at a price of Rs. 93/- per equity share (including a premium of Rs. 83/- per equity share) (Issue Price) aggregating up to Rs. 15.62 crores (The Issue) of which 86, 400 equity shares aggregating to Rs. 0.80 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 15,93,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 93/- per equity share aggregating to Rs. 14.82 crores (Net Issue). The issue and the net issue will constitute 27.18 % and 25.79 % of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 9.3 times of the face value.

Objective of issue

To make the payment of Rental Deposit of new co-working centres. To carry out the capital expenditure for it outs of new co-working centres. General corporate purposes.

Kontor Space Ltd Contact Details

Kontor Space Ltd, 2 Subramaniam Bldg, Club House Road, , Chennai-600002

Phone -

Fax -

Email - info@kontorspace.in

Website - www.kontorspace.in