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

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IPO Synopsis
Durlax Top Surface Ltd
Registered Office: 301 Jaisingh Commonspace Dayal, Das.Rd FP362 WE H.W Vile Parle, Mumbai - 400057, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of 60,00,000** equity shares of face value of Rs. 10/- each ("Equity Shares") of Durlax Top Surface Limited ("Company") for cash at a price of Rs. 68/- per equity share (including a share premium of Rs. 58/- per equity share) ("Offer Price") aggregating to Rs. 40.80.** crores comprising a fresh issue of 42,00,000** equity shares aggregating to Rs. 28.56** crores by the company ("Fresh Issue") and an offer for sale of 18,00,000** equity shares aggregating to Rs. 12.24** crores by the promoter selling shareholder, (the "Offered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,00,000** equity shares aggregating to Rs. 2.04** crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 57,00,000** equity shares of face value of Rs. 10/- each at price of Rs. 68/- per equity share aggregating to Rs. 38.76** crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 36.08% and 34.28% respectively of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is 6.8 times the face value of the equity shares. **Subject to finalization of the basis of allotment.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Jun-2024 21-Jun-2024 68.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 23.50
Project Financed through Current Offer 40.80
Post Issue Equity Share Capital 16.63
Issue Price 68.00
Projects
Part Finance to meet the working capital requirements
General corporate purposes
Promoted By
Shravan Suthar
Lalit Suthar
NSE - SME
Registrar to the Issue
Attention Investor
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