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

Technology . Transparency . Trust

MARKET

IPO Synopsis
Karbonsteel Engineering Ltd
Registered Office: B-8 Ratnadeep Cosmopolitan Chs, 140-141 S.V.Road Andheri West, Mumbai - 400058, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 37,30,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Karbonsteel Engineering Limited ("the Company" or "KEL" or "the Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Offer") comprising of a fresh issue of upto 30,40,000 equity shares aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of upto 6,90,000 equity shares by the promoter selling shareholders, Shrenik Kirit Shah and Mittal Shrenik Shah ("Offer for Sale") aggregating to Rs. [*] crores, (Hereinafter Refferd as "Promoter Selling Shareholders") out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be 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 [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.37 % and [*] % respectively of the post-offer 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 expansion of existing Umbergaon facility through construction of new sheds
Repayment of a portion of certain borrowings availed by the company
To meet the working capital requirements
General corporate purpose
Promoted By
Shrenik Kirit Shah
Mittal Shrenik Shah
BSE - SME
Registrar to the Issue
Attention Investor
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