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graph-market IPO

Nirman Agri Genetics Ltd

Registered Office: Vedant Apartment Dindori Road,NearReliance Shopee Panchavati, Nashik - 422003, Maharashtra, India.
Phone : 91-253-2943101   Fax:
Email :  cs@nirmanagrigen.com  
Website :  www.nirmanagrigen.com

Initial public offering of up to 20,50,800 equity shares of Rs. 10 each ("Equity Shares") of Nirman Agri Genetics Limited ("Nirman" or the "Company") for cash at a price of Rs. 99.00 per equity share (the "Offer Price"), aggregating to Rs. 20.30 crores ("The Offer"), of the offer, 1,04,400 equity shares aggregating to Rs. 1.03 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 19,46,400 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 99.00 per equity share aggregating to Rs. 19.27 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 34.40% and 32.65%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 99.00 is 9.90 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-23 20-Mar-23 99.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 18.00 First Overseas Capital Ltd
Project Financed through Current Offer 20.30  
Post Issue Equity Share Capital 5.96  
Issue Price 99.00  

Projects

  • Funding additional working capital requirements
  • Investment in strategic acquisition/joint ventures
  • Purchase of computer and hardware
  • General corporate purposes

Promoted By

Pranav Kailas Bagal

Listing At

NSE - SME

Registrar to the Issue

No Data Available

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