| Public issue of 7,02,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Clara Industries Limited (The "Company" or the "Issuer") for cash at a price of Rs. 43.00 per equity share including a share premium of Rs. 33.00 per equity share (The "Issue Price") aggregating upto Rs. 3.02 crores ("The Issue") of which 36,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 43.00 per equity share including a share premium of Rs. 33.00 per equity share aggregating to
Rs. 0.15 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 6,66,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 43.00 per equity share including a share premium of Rs. 33.00 per equity share aggregating to Rs. 2.86 crores (The "Net Issue"). The issue and the net issue will constitute 28.30% and 26.84 % respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10.00 and the issue price is 4.3 times of the face value of the equity shares.
Bids can be made for a minimum of 3000 equity shares and in multiples of
3000 equity shares thereafter. |