Indian Emulsifiers Ltd

Issue
Opens On Closes On
13-May-24 16-May-24
Money Payable On
Application Allotment
132.00 0.00

Minimum Application for shares in Nos : 1000 Further Multiples of : 1000

Lead Managers to the Issue
Project Cost (₹.Cr) 39.21 Ekadrisht Capital Pvt Ltd
Project Financed through Current Offer (₹.Cr) 42.39  
Post Issue Equity Share Capital (₹.Cr) 12.22
Issue Price (₹) 132.00
Projects

Funding of capital expenditure requirements of the company towards purchase of plant & machinery civil work and installation cost theron

Funding working capital requirements of the company

General corporate purposes

Promoted By
Yash Tikekar
Listing At
NSE - SME
Registrar to the Issue

Maashitla Securities Pvt Ltd

Initial public offer of 32,11,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Indian Emulsifiers Limited ("The Company" or "IEML" or "The Issuer") at an issue price of Rs. 132/- per equity share for cash, aggregating up to Rs. 42.39 crores ("Public Issue") out of which 1,61,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating Rs. 2.13 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 30,50,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 132/- per equity share for cash, aggregating upto Rs. 40.26 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.27% and 24.95% respectively of the post-issue paid-up equity share capital of the company.

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