| Navkar Corporation Ltd |
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| Registered Office: 205-206 J K Chambers,Sector 17 Vashi,Navi Mumbai-400703, Maharashtra |
| Tel. No: 91-22-27668223 |
| Fax No: 91-22-27668238 |
| Email: cs@navkarcorp.com |
| Website: www.navkarcorp.com |
| Initial public offering of 38709676 equity shares of face value of Rs.10 each (the "equity shares") of Navkar Corporation Limited ("NCL" or the "company" or the "issuer") for cash at a price of Rs. 155 per equity share (including a share premium of Rs. 145 per equity share) (The "offer price") aggregating to Rs. 600 crore (The "offer"). The offer comprises a fresh issue of 32,903,225 equity shares aggregating to Rs. 510 crore by the company (The "fresh issue") and an offer for sale of 5,806,451 equity shares aggregating to Rs. 90 crore by Sidhhartha Corporation Private Limited (The "selling shareholder") (The "offer for sale"). The offer shall constitute 27.14% of the post-offer paid-up equity share capital of the company. The Offer Price is Rs. 155 per equity shares of face value of Rs. 10 each. The offer price is 15.5 times the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 24-Aug-2015 | 26-Aug-2015 | ₹155.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 95 | Further Multiples of :95 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 483.34 | Axis Capital Ltd |
| Project Financed through Current Offer | 600.00 | Edelweiss Financial Services Ltd |
| Post Issue Equity Share Capital | 0.00 | SBI Capital Markets Ltd |
| Issue Price | 155.00 |
| Projects |
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| Capacity enhancement of the somathane CFS |
| Development of the non-notified areas of CFSs |
| Estabilishment of a logistics park at Valsad (near |
| Promoted By |
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| Shantilal Jayavantraj Mehta |
| Nemichand Jayavantraj Mehta |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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