Sensex: 83,239.47 (0.23%)

Nifty: 25,461.00 (0.22%)

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

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

IPO Synopsis
Pearl Global Industries Ltd
Registered Office: A-3 Community Centre Phase II, Naraina Industrial Area, New Delhi - 110028, New Delhi
Phone: 1
Email: 1
Website: 1
Public issue of 59,84,994 equity shares of Rs.10 each ("equity shares") of House of Pearl Fashions Limited ("HOPFL", or "House of Pearl", or the "Company", or the "issuer") for cash at a price of Rs.550 per equity share, aggregating Rs.329.17 Crores, comprising a fresh issue of 47,59,794 Equity shares of Rs.10 each by the company (the "fresh issue") and an offer for sale of 12,25,200 equity shares of Rs.10 each by Mr.Deepak Seth, Mrs. Payel seth, Mr.Pallak seth and Mr.Pulkit seth (the "selling shareholders"). The fresh issue and the offer for sale are together referred to herein as the "issue". 1,22,600 equity shares of Rs.10 each will be reserved in the issue for subscription by employees (as specifically defined herein in the section "definitions and abbreviations") at the issue price (the "employee reservation portion"). The issue less the employee reservation portion shall be hereinafter referred to as the "net issue". There will also be a green shoe option of up to 6,12,060 equity shares for cash at a price of Rs.550 per equity share aggregating Rs.33.66 Crores (the "green shoe option"). The issue will constitute 31.38% of the fully diluted post-issue equity share capital of the company assuming that the green shoe option is not exercised and 33.52% of the fully diluted post-issue equity share capital of the company assuming that the green shoe option is exercised in full. Issue Price Rs.550/- per equity share of face value Rs.10 each. The issue price is 55.0 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
16-Jan-2007 23-Jan-2007 550.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 329.17
Post Issue Equity Share Capital 19.07
Issue Price 550.00
Projects
Invest in its Subsi. com. to increase the Capacity
Invest in its Subsidiary company
Setting up of an integrated information Tech.
Pre-Payment of certain TL availed by Co & Subsidia
Setting up a domestic branded apparel retail buss.
Acqusition of an existing Intl. Brand in the US&UK
General Corporate Purposes
Promoted By
Deepak Seth
Payel Seth
Pallak Seth
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.