:::LALKAR GROUP::::

Prevest Denpro Ltd

Registered Office: EPIP Kartholi,Bari Brahmana, Samba. - 181133, Jammu & Kashmir, India.
Phone : 91-1923-222774 Fax:
Email : info@prevestdenpro.com
Website : www.prevestdenpro.com

Initial public offer of 31,68,000 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Prevest Denpro Limited ("The Company" or "PDL" or "The Issuer") at an issue price of Rs. 84/- per equity share for cash, aggregating to Rs. 26.61 crores ("Public Issue") out of which 1,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 84 per equity share for cash, aggregating Rs. 1.34 crores reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 30,08,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 84 per equity share for cash aggregating upto Rs. 25.27 crores is herein after referred to as the "Net Issue". the public issue and net issue will constitute 26.39% and 25.06% respectively of the post-issue paid-up equity share capital of our company. The face value of the equity shares is Rs. 10/- each. the issue price is 8.4 times with the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
15-Sep-21	17-Sep-21	84.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	(Rs)	Lead Managers to the Issue
Project Cost	23.79	Hem Securities Ltd
Project Financed through Current Offer	26.61
Post Issue Equity Share Capital	12.00
Issue Price	84.00

Projects

Purchase of Mechineries, Equipments and Utilities for Manufacturing of Proposed Additional line of Products, R&D Unit and existing Manufacturing Operations	General Corporate Purpose
Purchase of Machineries, Equipments and utilities for Manufacturing of Proposed additional Line of Products, R&D unit and existing Manufacturing Operations	General Corporate Purpose

Promoted By

Atul Modi

Namrata Modi

Atul Modi

Namrata Modi

Listing At

BSE - SME

Registrar to the Issue

No Data Available