IPO

Orissa Bengal Carrier Ltd

Public issue of 55,64,000 equity shares of a face value of Rs. 10/- each (the "equity shares") of Orissa Bengal Carrier Limited ("the Company" or "OBCL" or "the issuer") for cash at a price of Rs. 30/- per equity share (including a share premium of Rs. 20.00 per equity share) ("issue price") aggregating to Rs. 16.69 Crores ("the issue") of which 2,84,000 equity shares aggregating to Rs. 0.85 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 52,80,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 30.00 per equity share aggregating to Rs. 15.84 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.39% and 25.04%, 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 of Rs.30.00 is 3.00 times of the face value.
Issue
Opens On Closes On
22-Mar-18 26-Mar-18
Money Payable On
Application Allotment
30.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
Cr Lead Managers to the Issue
Project Cost (.Cr) 16.69 Guinese Corporate Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 16.69  
Post Issue Equity Share Capital (.Cr) 21.08
Issue Price () 30.00
Projects
Funding of Working Capital requirements of the company
Promoted By
Ratan Kumar Agrawal
Shakuntala Devi Agrawal
Manoj Kumar Agrawal
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd