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Megastar Foods Ltd

Registered Office: Plot No 807 Industrial Area,Phase-II, Chandigarh - 160102, Chandigarh, India.
Phone : 91-1881-240401   Fax:
Email :  info@megastarfoods.com  
Website :  www.megastarfoods.com

Initial public issue of 26,80,000 equity shares of face value of Rs.10 each ("equity shares") of Megastar Foods Limited ("the company" or "issuer") for cash at a price of Rs. 30.00 per equity share (including a share premium of Rs. 20.00 per equity share) ("issue price") aggregating to Rs. 8.04 crores ("issue") of which 1,36,000 equity shares of face value of Rs.10.00 each for a cash price of Rs. 30.00 per equity share, aggregating to Rs. 0.41 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 25,44,000 equity shares of face value of Rs.10.00 each at an issue price of Rs. 30.00 per equity share aggregating to Rs. 7.63 crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 27.06% and 25.69%, respectively of the post issue paid up equity share capital of the company. The face value of the quity shares is Rs.10.00 each and the issue price is Rs.30.00. The issue price is 3.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-May-18 16-May-18 30.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 8.04 Swastika Investmart Ltd
Project Financed through Current Offer 8.04  
Post Issue Equity Share Capital 9.90  
Issue Price 30.00  

Projects

  • To Meet Working Capital Requirement
  • General Corporate Expenses

Promoted By

Vikas Goel

Vikas Gupta

Listing At

BSE - SME

Registrar to the Issue

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