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

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IPO Synopsis
Cleanux Green Solution Ltd
Registered Office: #.101 on 1st Flr Premises 118/, 54 & 118/55 Ratan Zone Kaushal, Kanpur Nagar - 208012, Uttar Pradesh
Phone: 1
Email: 1
Website: 1
Initial public offering of up to 29,50,000 equity shares of Rs. 10/- each ("Equity Shares") of Cleanux Green Solution Limited ("CGSL" or the "Company") for cash at a price of Rs. 126/- per equity share (the "Issue Price"), aggregating to Rs. 37.17/- crores ("The Offer"), comprising a fresh issue of up to 24,50,000 equity shares aggregating to Rs. 30.87/- crores by the company ("Fresh Issue") and an offer for sale of up to 2,50,000 equity shares by Abhay Gautam and upto 2,50,000 equity shares by Vishal Maheshwari ("The Promoter Group Selling Shareholders" or "The Selling Shareholder") aggregating to Rs. 6.30/- crores ("Offer for Sale"). Out of the offer, 1,48,000 equity shares aggregating to Rs. 1.86/- crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 28,02,000 equity shares of face value of Rs. 10.00/- each at an issue price of Rs. 126/- per equity share aggregating to Rs. 35.31/- crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 48.76% and 46.31%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 126/- the offer price is 12.6 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 126.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 28.07
Project Financed through Current Offer 37.17
Post Issue Equity Share Capital 6.05
Issue Price 126.00
Projects
Funding to acquire two waste paper management plants located at Kanpur & Gurugram owned by the Fortune Recycling Pvt Ltd
Purchase pf compost plant presort (15 CMPH+20%) and compost plant refinement (10 CMPH+20%) and Erection & Commissioning (No.of both Machinery Sets-3
To meet out the working capital requirements
To meet out the general corporate purposes
Promoted By
Vishal Maheshwari
Abhay Gautam
Vrinda Maheshwari
NSE - SME
Registrar to the Issue
Attention Investor
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