IPO

IPO Synopsis

Vaxtex Cotfab Ltd
Registered Office: Survey No 230 Opp Mariya Park,B/h Ranipur Vill Saijpur-Narol , Ahmedabad - 382405 , Gujarat , India.
Phone : 91-9724496973/9727123004   Fax:
Email :  vaxtexcotfab@gmail.com  
Website :  www.vaxtexcotfab.com
Initial Public Issue of 15,96,000 equity shares of face value of Rs10 each of Vaxtex Cotfab Limited (the "company" or the "issuer") for cash at a price of Rs24 per equity share including a share premium of Rs14 per equity share (the "issue price") aggregating to Rs3.83 Crores ("the issue"), of which 84.000 equity shares of face value of Rs10 each for cash at a price of Rs24 per equity share including a share premium of Rs14 per equity share aggregating to Rs0.20 Crores 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. net issue of upto 15,12,000 equity shares of face value of Rs10 each at a price of Rs24 per equity share aggregating to Rs3.63 Crores is herein after referred to as the "net issue". the issue and the net issue will constitute 26.50% and 25.10% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10 each and the issue price is 2.4 times of the face value. Minimum Application Size of 6000 shares and in Multiples of 6000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-19 03-Jan-20 Rs 24.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000
  (Rs Cr) Lead Managers to the Issue
Project Cost 3.83
Capital Square Advisors Pvt Ltd
Project Financed through Current Offer 3.83
Post Issue Equity Share Capital 6.02
Issue Price Rs 24.00
Projects
To Acquire the Machinery General Corporate Purpose
To Meet Working Capital Requirements
Promoted By Listing At Registrar to the Issue
  Khushant Gupta
  Mithleshkumar M Agrawal
  Qmin Pharma Pvt Ltd
 NSE - SME
No Data Found.

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