IPO Synopsis

Parin Furniture Ltd

Registered Office: Plot No. 6 Revenue Survey No.,149 NH at Vavdi Gondal Road, Rajkot - 360004, Gujarat, India. Phone : 91-281-3300777   Fax:91-281-3063000 Email : cs@parinfurniture.com Website :www.parinfurniture.com

Initial public offering of 30,00,000 equity shares of face value of Rs. 10 each (the "equity shares"), at an issue price of Rs. 63 per equity share for cash, aggregating to Rs.18.90 Crores ["public issue"] out of which 1,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 1.01 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Net issue of 28,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 63 per equity share for cash, aggregating to Rs. 17.89 Crores is hereinafter referred to as the "net issue". The public issue and net issue constitute 26.98% and 25.54% 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 6.30 times the face value of the equity shares. Issue Opens On Closes On 26-Sep-18 28-Sep-18 Money Payable On Application Allotment 63.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 18.90 Hem Securities Ltd Project Financed through Current Offer (.Cr) 18.90   Post Issue Equity Share Capital (.Cr) 11.12 Issue Price () 63.00

Projects

Repayment of certain secured borrowing availed by the company Funding the working capital requirements of the company General corporate purposes

Promoted By

Umesh Dhirajlal Nandani

Deven Dipesh Nandani

Parin Umeshbhai Nandani

Listing At

NSE - SME

Registrar to the Issue

No Data Available