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Baheti Recycling Industries Ltd

Registered Office: A-2/3 L R Apartment Shahibaug,Opp Police Commissioner Office, Ahmedabad - 380004, Gujarat, India.
Phone : 91-79-25627681/82   Fax:
Email :  info@bahetiindustries.com  
Website :  www.bahetiindustries.com

Initial public offer of 27,60,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Baheti Recycling Industries Limited ("The Company" or "BRIL" or "The Issuer") at an issue price of Rs. 45/- per equity share for cash, aggregating up to Rs. 12.42 crores ("Public Issue") out of which 1,47,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating Rs. 0.66 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 26,13,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating upto Rs. 11.76 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.62% and 25.20% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is 4.5 times of the face value. The minimum lot size is 3,000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Nov-22 30-Nov-22 45.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 11.46 Hem Securities Ltd
Project Financed through Current Offer 12.42  
Post Issue Equity Share Capital 10.37  
Issue Price 45.00  

Projects

  • Modernization and expansion of existing manufacturing unit
  • To meet Working Capital Requirements
  • General Corporate Purposes

Promoted By

Shankerlal Bansilal Shah

Listing At

NSE - SME

Registrar to the Issue

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