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Kanohar Electricals Ltd
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Registered Office:
Rithani Delhi Road,
,
Meerut
-
250103
,
Uttar Pradesh
, India.
Phone :
+91 121-3500 801-05 Fax:
Email : compliance@Kanohar.com
Website : www.kanohar.com
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Initial public offering of 16,704,750 equity shares of face value of Rs2 each ("Equity Shares") of Kanohar Electricals Limited ("Company" or "Issuer") for cash at a price of Rs632 per equity share (including a share premium of Rs630 per equity share) ("Offer Price") aggregating to Rs1055.74 Crores (the "Offer"). The offer comprised of a fresh issue of 4,746,835 equity shares of face value of Rs2 each aggregating to Rs300.00 Crores ("Fresh Issue") and an offer for sale of 11,957,915 equity shares of face value of Rs2 each ("Offered Shares") aggregating to Rs755.74 Crores by K Sons Family Trust ("promoter selling shareholder" and such equity shares offered by the promoter selling shareholder, the "Offered Shares"). The offer shall constituted 21.10% of the post-offer paid up equity share capital of the company.
Price Band: Rs632/- per equity share of face value of Rs2 each.
The floor price is 316 times the face value of the equity shares.
Bids can made for a minimum of 23 equity shares of face value of Rs2 each and in multiples of 23 equity shares of face value of Rs2 each thereafter.
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Opens On
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Closes On
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Application
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Allotment
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08-Sep-26
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10-Sep-26
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Rs 632.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :23 Further
Multiples of :23
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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274.68
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| IIFL Capital Services Limited |
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Project Financed through Current Offer
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1055.74
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Post Issue Equity Share Capital
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15.84
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Issue Price
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Rs 632.00
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