Market & News

Registered Office: Shop No.8-P Street No.6,Vasundhara Enclave East Delhi, Delhi - 110096, Delhi, India.
Phone : +91 95605 76416   Fax:
Email :  info@earkart.in  
Website :  www.earkart.in

Initial public offering up to 36,49,000 equity shares of Rs. 10 each ("Equity Shares") of Earkart limited (the "Company") for cash at a price of Rs. [*] per equity share (the "Issue Price"), aggregating Rs. [*] Crore ("Offer"). the offer comprises a fresh issue of 33,15,000 equity shares aggregating Rs. [*] Crore ("Fresh Issue") and an offer for sale of 3,34,000 equity shares ("Offered Shares") aggregating Rs. [*] Crore, by Rohit Misra (Selling Shareholder), the ("Offer for Sale"). out of which [*] equity shares of face value of Rs. 10/- each for a cash price of Rs. [*] per equity share, aggregating to Rs. [*] Crore will be reserved for subscription by market maker ("Market Maker Reservation Portion"). the offer less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10 each at an issue price of Rs. [*] /- per equity share aggregating to Rs. [*] Crore (is Hereinafter Referred to as the "Net Issue"). the issue and the net issue will constitute 26.53 % and [*] %, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 135/- for equity share of face value of Rs. 10 each. The floor price is 13.5 times times the face value of the face value of the equity shares. Bids can made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.