| Technopack Polymers Ltd |
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| Registered Office: M/s Gokul Inds. Nr.Rafale. Rly,Track Morbi Jambudiya,Rajkot-363642, Gujarat |
| Tel. No: 91-90990 70066 |
| Fax No: |
| Email: compliance@technopackltd.com |
| Website: www.technopackltd.com |
| Initial public offer of upto 14,30,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Technopack Polymers Limited (the "Company" or "TPL" or "The Issuer") for cash at a price of Rs. 55 per share (including a share premium of Rs. 45 per equity share) (the "Issue Price"), aggregating to Rs. 7.87 crores ("The Issue"), of which upto 71,500 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 13,58,500 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.48% and 25.16%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 5.5 time of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 02-Nov-2022 | 07-Nov-2022 | ₹55.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 2000 | Further Multiples of :2000 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 7.37 | ISK Advisors Pvt Ltd |
| Project Financed through Current Offer | 7.87 | |
| Post Issue Equity Share Capital | 5.40 | |
| Issue Price | 55.00 |
| Projects |
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| Part funding to purchase and set up additional SACMI CCM24S-F plnt manufacturing of HDPE beverages closures (Compression moulding machine fully equipped with all ancillaries) |
| Working capital requirements |
| General corporate purposes |
| Promoted By |
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| Kalpeshkumar Ishwarlal Pandya |
| Chetankumar Ishvarlal Pandya |
| Listing At |
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| BSE - SME |
| Registrar To The Issue |
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