Magnum Ventures Ltd - IPO

Magnum Ventures Ltd IPO Details

Public issue of 1,76,40,750 equity shares of Rs.10/- each for cash at a price of Rs.30/- (including share premium of Rs.20/- per equity share) aggregating to Rs.52.92 Crores (hereinafter referred to as the issue). The issue will constitute 46.92% of the post-issue paid-up capital of the company. Issue Price is Rs.30/- per equity share of face value of Rs. 10/- each. The issue price is 3.0 times of the face value

Objective of issue

To Modernize its Facilities of Unit II & Unit II. Set-up a Four Star Business Hotel with 212 Rooms. General Corporate Purposes.

Magnum Ventures Ltd Contact Details

Magnum Ventures Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - magnumventures@gmail.com

Website - www.magnumventures.in