Tiger Logistics (India) Ltd - IPO

Tiger Logistics (India) Ltd IPO Details

Public issue of 11,40,000 equity shares of face value of Rs. 10/- each fully paid of Tiger Logistics (India) Limited (TLIL or The Company or The Issuer) for cash at a price of Rs. 66/- per equity share (The Issue Price) (Including a share premium of Rs. 56/- per equity share) aggregating Rs. 7.52 crores (The Issue) by the company, of which 58,000 equity shares of face value of Rs. 10/- each will be reserved for subscription by Market Maker to the issue (The Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. issue of 10,82,000 equity share of face value of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.97% and 25.60%, respectively of the post issue paid up capital of the company.The face value of equity shares is Rs. 10 each. The issue price is Rs. 66/-. The issue price is 6.60 times of the face value.

Objective of issue

Working Capital requirements. General Corporate Purposes.

Tiger Logistics (India) Ltd Contact Details

Tiger Logistics (India) 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 - tlogs@tigerlogistics.in, csvishal@tigerlogistics.i

Website - www.tigerlogistics.in