IPO Synopsis

HGI Automotives Pvt Ltd
Registered Office: Plot No 19,Sector - 58,Faridabad-121001, Haryana
Tel. No: 88001 95569
Fax No: NA
Email: info@hgiautomotives.com
Website: www.hgiautomotives.com
Initial public issue of up to 75,00,000 equity shares of face value Rs.10/- each ("equity shares") of the company for cash at a price of Rs. [*]/- per equity share (including a securities premium of Rs. [*]/- per equity share) (the "issue price"), aggregating upto Rs. [*] crores ("issue") of the issue, out of which [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]%, 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 is [*] times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of : 0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Nirbhay Capital Services Private Limited
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 7.50
Issue Price 0.00
Projects
Prepayment or repayment of outstanding secured borrowings availed by the Company
Meeting Capex Requirement for purchasing plant and machinery
General Corporate Purpose
Promoted By
Suresh Chand Garg
Deepak Gupta
Kusum Gupta
Listing At
BSE - SME
Registrar To The Issue