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

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IPO Synopsis
Corrtech Energy Ltd
Registered Office: Shed # 7 Suv # 407 SP-3 New-, Ahmedabad Ind.Estate Changodar, Ahmedabad - 382213, Gujarat
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 60,48,000 equity shares of face value of inr.10 /- each (the "Equity Shares") of Corrtech Energy Limited ("The Company" or "CEL" or "The Issuer") at an issue price of inr [*] per equity share for cash, aggregating up to inr [*] crores ("Public Issue") out of which 3,04,000 equity shares of face value of inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating inr [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto [*] equity shares of face value of inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating inr [*] crores will be reserved for subscription by eligibles (the employee reservation portion). The public issue less market maker reservation portion and employee reservation portion i.e. issue of [*] equity shares of face value of inr 10 each, at an issue price of inr [*] per equity share for cash, aggregating upto inr [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and [*]% respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 0.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Funding of capital expenditure towards installation of additional plant and machinery in the existing Gas Turbine & Aero-Engine Components MFG Unit
Funding of capital expenditure towards heavy construction eqipment and machinery for O&G Segment
To meet working capital requirements
General corporate purpses
Promoted By
Corrtech International Lts
IEC Projects Ltd
Sandeep Indrasen Mittal
NSE - SME
Registrar to the Issue
Attention Investor
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