Kotyark Industries Ltd - IPO

Kotyark Industries Ltd IPO Details

Public Issue of upto 2208000 equity shares of Rs. 10/- each of Kotyark Industries Limited (KIL or The Company or The Issuer) for cash at a price of Rs. 51.00 per equity share including a share premium of Rs. 41.00 per equity share (TheIssue Price) aggregating to Rs. 11.26 Crores (The Issue) of which 1,12,000 equity shares of Rs. 10/- each for a cash at a price of Rs. 51.00 per equity shares including a share premium of Rs. 41.00 per equity share aggregating to Rs. 0.57 crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 20,96,000 equity shares of Rs. 51.00 each including a share premium of Rs. 41.00 per equity share aggregating to Rs. 10.69 Crores hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.68% and 25.33% respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- The Issue price is Rs. 51.00 times of the face value.

Objective of issue

To Meet Working Capital Requirement. General Corporate Expensess.

Kotyark Industries Ltd Contact Details

Kotyark Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@kotyark.com

Website - www.kotyark.com