IPO Synopsis

Prolife Industries Ltd
Registered Office: 213 GIDC,Panoli,Ankleshwar-394116, Gujarat
Tel. No: 91-2646-272490
Fax No:
Email: info@prolifeindustries.in
Website: www.prolifeindustries.in
Public issue of 11,10,000 equity shares of face value of Rs. 10 each of Prolife Industries Limited ("PIL" or The "Company" or The "Issuer") for cash at a price of Rs. 38 per equity share including a share premium of Rs. 28 per equity share (the "issue price") aggregating to Rs. 4.22 crores ("The Issue"), of which 60,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 38 per equity share including a share premium of Rs. 28 per equity share aggregating to Rs. 0.23 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 10,50,000 equity shares of face value of Rs. 10 each at a price of Rs. 38 per equity share aggregating to Rs. 3.99 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 27.11% and 25.65%, 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 3.8 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-2016 30-Dec-2016 ₹38.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 5.42 Swastika Investmart Ltd
Project Financed through Current Offer 4.22
Post Issue Equity Share Capital 4.09
Issue Price 38.00
Projects
Expansion of our existing manufacturing operations
General corporate purpose
Promoted By
Manindersingh Jolly
Anureet Kaur Jolly
Listing At
NSE - SME
Registrar To The Issue