Precision Camshafts Ltd - IPO

Precision Camshafts Ltd IPO Details

Initial Public Offiring of 22,053,225 Equity shares of face value of Rs. 10 each (The Equity Shres) of Precision Camshafts Ltd (Precision Camshafts or the Company or The Issuer) for cash at a price of Rs. 186 per Equity share (including a share premium of Rs. 176 per equity share) (The offer price) aggregating up to Rs. 410.19 Crores (The offer). The offer comprises a fresh issue of 12,903,225 equity shares aggregating up to Rs. 240 Crores by the company (The Fresh issue) and an offer for sale of 9,150,000 Equity shares aggregating up to Rs. 170.19 Crores by the selling shareholders. (The offer for sale). The offer constitute 23.28% of the post-offer paid-up equity share capital of the company.The Face value the equity shares is Rs. 10 each and the offer price is Rs. 186 per equity share, which is 18.6 times the face value of the equity share.

Objective of issue

Establishment of a machine. General Corporate purposes.

Precision Camshafts Ltd Contact Details

Precision Camshafts Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - sskuber@pclindia.in, info@pclindia.in

Website - www.pclindia.in