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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Essen Speciality Films Ltd
Registered Office: Plot No. A Survey No. 192, Veraval (Shapar), Rajkot - 360002, Gujarat
Phone: 1
Email: 1
Website: 1
Initial public offer of 61,99,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Essen Speciality Films Limited (the "Company" or "Essen" or "Issuer") at an offer price of Rs. 107 per equity share (including a share premium of Rs. 97 per equity share) for cash, aggregating Rs. 66.33 crores* ("Public Offer") comprising a fresh issue of 46,99,200 equity shares aggregating to Rs. 50.28 crores* (the "Fresh Issue") and an offer for sale of 2,00,000 equity shares by Khushboo Chandrakant Doshi, 2,00,000 equity shares by Karishma Rajesh Doshi (collectively referred to as the "Promoter Selling Shareholders") and 7,00,000 equity shares by Devyaniben Chandrakant Doshi, 2,00,000 equity shares by Nita Kishor Doshi; and 2,00,000 equity shares by Rajesh Nanalal Doshi (collectively referred to as the "Promoter Group Selling Shareholders", along with the promoter selling shareholders referred to as "The Selling Shareholders") aggregating 15,00,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs. 16.05 crores* out of which 3,10,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 107 per equity share for cash, aggregating Rs. 3.33 crores* was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 58,88,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 107 per equity share for cash, aggregating Rs. 63.01 crores* is hereinafter referred to as the "Net Offer". The public offer and net offer constituted 29.95% and 28.45% respectively of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Jun-2023 27-Jun-2023 107.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 40.21
Project Financed through Current Offer 66.33
Post Issue Equity Share Capital 20.70
Issue Price 107.00
Projects
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Pallav Kishorbhai Doshi
Khushboo Chandrakant Doshi
Karishma Rajesh Doshi
NSE - SME
Registrar to the Issue
Attention Investor
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