Market & News

Registered Office: Plot No.15 Road 10 Sec-1,New Panvel East, Navi Mumbai - 410206, Maharashtra, India.
Phone : 91-9811221082   Fax:
Email :  official@wherrelz.com  
Website :  www.wherrelz.in

Public issue of upto 1,17,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Wherrelz IT Solutions Limited ("WITS" or The "Ccompany" or The "Issuer") for cash at a price of Rs. 171/- per equity share including a share premium of Rs. 161/- per equity share (The "Issue Price"), aggregating to Rs. 2.01 crores ("The Issue"), of which of 7200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 171 per equity share including a share premium of Rs. 161 per equity share aggregating to Rs. 0.12 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 upto 1,10,400 equity shares of face value of Rs. 10/- each at a cash price of Rs. 171 per equity share including a share premium of Rs. 161 per equity share aggregating to Rs. 1.89 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.18% and 28.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price Rs. 17.10 times of the face value. Minimum application size of 800 equity shares and in multiples of 800 equity shares thereafter.