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Pritika Engineering Components Ltd

Registered Office: PNo C-94 Phase-VII SAS Nagar,Industrial Focus Point, Mohali - 160055, Punjab, India.
Phone : 91-9878723399   Fax:
Email :  compliance@pecl@pritikagroup.com  
Website :  www.pritikaengineering.com

Public issue of 32,48,000 equity shares of face value Rs. 10 each ("Equity Shares") of Pritika Engineering Components Limited (the "Company" or the "Issuer") for cash at a price of Rs. 29 per equity share (including a securities premium of Rs. 19 per equity share) (the "Issue Price"), aggregating upto Rs. 9.42 crores ("Issue") of the issue, 1,64,000 equity shares aggregating to Rs. 0.48 crores is reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 30,84,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 29 per equity share aggregating to Rs. 8.94 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.85% and 28.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares uf Rs. 10 each and the issue price is Rs. 29. The issue price is 2.9 times of the face value. Bids can be made for a minimum of 4000 equity shares in multiples of 4000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Nov-22 30-Nov-22 29.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 7.57 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 9.42  
Post Issue Equity Share Capital 10.88  
Issue Price 29.00  

Projects

  • Investment in relation to the new unit set up by the wholly owned subsidiary Meeta Castings Ltd (MCL)
  • General Corporate Purposes

Promoted By

Pritika Auto Industries Ltd

Listing At

NSE - SME

Registrar to the Issue

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