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premium plast ltd

Premium Plast Ltd

Issue
Opens On	Closes On
21-Oct-24	23-Oct-24

Money Payable On
Application	Allotment
49.00	0.00

Minimum Application for shares in Nos : 3000 Further Multiples of : 3000

Lead Managers to the Issue
Project Cost (₹.Cr)	23.10	Khandwala Securities Ltd
Project Financed through Current Offer (₹.Cr)	26.20
Post Issue Equity Share Capital (₹.Cr)	19.10
Issue Price (₹)	49.00

Projects

Expansion of existing mfg facility , purchase of machineries

Funding of capital expenditure requirements of the company towards set up of Rooftop on Grid Solar Power Plant at its existing Mfg facility

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

General corporate purposes

Promoted By

Chetan Nagendra Dave

Lopa Chetan Dave

Alpa Bhagirath Desai

Listing At

NSE - SME

Registrar to the Issue

No Data Available

Registered Office: Gala #.3 Shiv Shankar Indl Est,#.1 Virar City (M Corp) Valiv, Thane - 401208, Maharashtra, India. Phone : +91 025 0660 1160 Fax:
Email : info@premiumplast.in
Website :www.premiumplast.in

Initial public offer of upto 53,46,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 49 per equity share (including a share premium of Rs. 39 per equity share) for cash, aggregating up to Rs. 26.20 crores ("Public Issue") out of which 2,70,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 49 per equity share for cash, aggregating Rs. 1.32 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 50,76,000 equity shares of face value of Rs. 10/ - each, at an issue price of Rs. 49 per equity share for cash, aggregating up to Rs. 24.88 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.99 % and 26.58 % respectively of the post-issue paid-up equity share capital of the company.

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