Ksolves India Ltd - IPO

Ksolves India Ltd IPO Details

Initial public issue of 4,02,000 equity shares of face value of Rs. 10 each (equity shares) of Ksolves India Limited (The Company or Issuer) for cash at a price of Rs. 100.00 per equity share (including a share premium of Rs. 90.00 per equity Share) (Issue Price) aggregating to Rs. 4.02 crores (Issue) of which 20,400 equity shares of face value of Rs. 10.00 eachfor a cash price of Rs. 100.00 per equity share, aggregating to Rs. 0.20 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 3,81,600 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 100.00 per equity share aggregating to Rs. 3.82 crores (The Net Issue). The issue and the net issue will constitute 27.13% and 25.75%, respectively 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 Rs. 100. The Issue price is 10.00 times of the face value.

Objective of issue

To meet working capital requirement. General corporate expenses.

Ksolves India Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@ksolves.com

Website - www.ksolves.com