IPO Synopsis

Dhruv Wellness Ltd
Registered Office: 207 Royal Apartment,Kasam Baug Malad East,Mumbai-400097, Maharashtra
Tel. No: 91-22-28711486
Fax No:
Email: pravinprajpati_dhru@yahoo.in
Website: www.dhruvwellness.com
Public issue of 27,84,000 equity shares of face value of Rs. 10/- each of Dhruv Wellness Limited ("DWL" or the "company" or the "issuer") for cash at a price of Rs. 20 per equity share including a share premium of Rs. 10 per equity share (the "issue price") aggregating to Rs. 5.57 Crores ("the issue"), of which 1,44,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 20 per equity share including a share premium of Rs. 10 per equity share aggregating to Rs. 0.29 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 26,40,000 equity shares of face value of Rs. 10 each at a price of Rs.20 per equity share aggregating to Rs. 5.28 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.41% and 25.05%, 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 2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
31-Aug-2017 04-Sep-2017 ₹20.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of :6000
(₹ Cr) Lead Managers to the Issue
Project Cost 5.57 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 5.57
Post Issue Equity Share Capital 10.54
Issue Price 20.00
Projects
Working capital requirement
General corporate purpose
Promoted By
Pravinkumar Prajapati
Anita Prajapati
Listing At
BSE - SME
Registrar To The Issue