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graph-market IPO

Polycab India Ltd

Registered Office: Unit 4 Plot No 105 Nurpura,Halol Vadodar Road Tal Halol, panchmahal - 389350, Gujarat, India.
Phone :    Fax:
Email :  investor.relations@polycab.com  
Website :  www.polycab.com

Initial public offering of 25,022,067 equity shares of face value of Rs. 10 each ("equity shares") of the company for cash at a price of Rs. 538 per equity share, including a premium of Rs. 528 per equity share, aggregating to Rs. 1345.26 Crores ("offer") comprising a fresh issue of 7,440,067 equity shares aggregating to Rs. 400 Crores by the company ("fresh Issue") and an offer for sale of to 17,582,000 equity shares by the investor selling shareholder, the promoter selling shareholders, the promoter group selling Shareholders and the individual selling shareholders, collectively referred to as the "selling shareholders" (defined hereinafter) aggregating to Rs. 945.26 Crores (such equity shares offered by the selling shareholders, collectively referred to as the "offered shares" and such an offer for sale, "offer for sale"). The offer includes a Reservation of 175,000 equity shares aggregating up to Rs. 8.49 Crores for eligible employees (defined hereinafter) ("employee reservation portion") (which shall not exceed 5% of the post-offer equity share capital of the company). The offer less the employee reservation portion is referred to as the "net offer". The offer and the net offer shall constitute 16.83% and 16.72% of the post-offer paid-up equity share capital of the company, respectively. A Discount of Rs.53 per equity share was offered to eligible employees who have bidded in the employee reservation portion. ("Employee Discount"). Offer Price: Rs.538 per equity share of face value of Rs.10 each. Anchor Investor Offer Price: Rs.538 per equity share. The Offer Price is 53.8 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Apr-19 09-Apr-19 538.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 27   Further Multiples of : 27
  Rs Cr Lead Managers to the Issue
Project Cost 383.47 Axis Capital Ltd
Project Financed through Current Offer 1,345.26  
Post Issue Equity Share Capital 148.65  
Issue Price 538.00  

Projects

  • Scheduled Repayment of all or a portion of certain Borrowings availed by the Company
  • To Fund incremental Working Capital Requirements of the company
  • General Corporate Purposes

Promoted By

Inder T Jaisinghani

Ajay Jaisinghani

Ramesh T Jaisinghani

Listing At

BSE

NSE

Registrar to the Issue

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