IPO Synopsis

Patron Exim Ltd
Registered Office: 411 Safal Perlude 100 FT Road,Prahladnagar Vejalpur,Ahmedabad-380015, Gujarat
Tel. No: 91-9979978393
Fax No:
Email: cs@patronexim.com
Website: www.patronexim.com
Initial public issue of 61,80,000 equity shares of face value of Rs. 10/- each of Patron Exim Limited ("PEL" or the "Company" or the "Issuer") for cash at a price of Rs. 27/- per equity share including a share premium of Rs. 17/- per equity share (the "Issue Price") aggregating to Rs. 16.69 crores ("The Issue"), of which 3,16,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 27/- per equity share including a share premium of Rs. 17/- per equity share aggregating to Rs. 0.85 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 58,64,000 equity shares of face value of Rs. 10/- each at a price of Rs. 27/- per equity share aggregating to Rs. 15.83 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.66% and 25.30% 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 2.7 times of the face value. Minimum application of 4000 equity shares and in multiples of 4000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Feb-2023 24-Feb-2023 ₹27.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of :4000
(₹ Cr) Lead Managers to the Issue
Project Cost 15.27 Interactive Financial Services Ltd
Project Financed through Current Offer 16.69
Post Issue Equity Share Capital 23.18
Issue Price 27.00
Projects
Long term working capital requirement
General corporate purposes
Promoted By
Narendrakumar Patel
Sushilabahen Patel
Listing At
BSE - SME
Registrar To The Issue