Market & News

Registered Office: Shop No.131 & 132 Grnd Floor,C-Block Chenoy Trade Center, Hyderabad - 500003, Telangana, India.
Phone : +91 79934 39988   Fax:
Email :  compliance@epwindia.com  
Website :  https://epwindia.com/

Initial public issue of up to 32,79,600 equity shares of face value of Rs. 5/- each of EPW India Limited ("EPW" or the "company" or the "issuer") for cash at a price of Rs. 97 per equity share including a share premium of Rs. 92 per equity share (the "Issue Price") aggregating to Rs. 31.81 crores ("the Issue"), of which 1,64,400 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 97 per equity share including a share premium of Rs. 92 per equity share aggregating to Rs. 1.59 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 31,15,200 equity shares of face value of Rs. 5/- each at a price of Rs. 97 /- per equity share including a share premium of Rs. 92 /- per equity share aggregating to Rs. 30.22 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.57% and 27.14%, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 97 per equity share of face value Rs. 5/- each. The floor price is 19.4 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.