IPO

Dynamic Cables Ltd

Initial public issue of 58,44,000 equity shares of face value of Rs. 10 each ("equity shares") of Dynamic Cables Limited ("company" or "issuer") for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) ("issue price") aggregating to Rs. 23.38 crores ("issue") of which 3,00,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 40.00 per equity share, aggregating to Rs. 1.20 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 55,44,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 40.00 per equity share aggregating to Rs. 22.18 crores ("net issue"). The issue and the net issue will constitute 26.55% and 25.18%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 40.00 the issue price is 4.00 times of the face value.
Issue
Opens On Closes On
04-Dec-17 06-Dec-17
Money Payable On
Application Allotment
40.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 22.64 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 23.38  
Post Issue Equity Share Capital (.Cr) 22.01
Issue Price () 40.00
Projects
To meet working capital requirements
To meet general corporate expenses
Promoted By
Rahul Mangal
Ashish Mangal
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd