IPO Synopsis

Raw Edge Industrial Solutions Ltd

Registered Office: A-9 B-1/04-05 Grd Flr B-Wing,Bommerang Andheri East, Mumbai - 400072, Maharashtra, India. Phone : 91-9724326805   Fax: Email : info@rawedge.in Website :www.rawedge.in

Initial public offer of 22,91,200 equity shares of face value of Rs. 10 each ("equity shares") of Raw Edge Industrial Solutions Limited ("Company" or "Issuer") for cash at a price of Rs. 72 per equity share (including a share premium of Rs. 62 per equity share) ("Issue Price") aggregating to Rs. 16.50 crores ("Issue") consisting of a fresh issue of 16,81,200 equity shares of face value of Rs. 10 each ("equity shares") for cash at a price of Rs. 72 per equity share aggregating to Rs. 12.10 crores ("Issue") and an offer for sale of 6,10,000 equity shares aggregating to Rs. 4.39 crores (the "offer for sale"), comprising of 2,00,000 equity shares by Mr. Bimal Bansal, 2,00,000 equity shares by Mrs. Shweta Bansal and 2,10,000 equity shares by Mrs. Bala Bansal ("Collectively referred as selling shareholders and promoters and promoter group") of which 1,15,200 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 72 per equity share, aggregating to Rs. 0.83 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 21,76,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 72 per equity share aggregating to Rs. 15.67 crores (the "net issue"). The issue and the net issue will constitute 27.33% and 25.96%, 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 Rs. 72 each. The Issue Price is 7.2 times of the face value. Issue Opens On Closes On 05-Jul-18 10-Jul-18 Money Payable On Application Allotment 72.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 15.65 Guiness Corporate Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 16.50   Post Issue Equity Share Capital (.Cr) 8.38 Issue Price () 72.00

Projects

Expansion by setting up manufacturing unit Working capital margin General corporate purpose

Promoted By

Bimal Bansal

Sourabh Bansal

Siddharth Bansal

Listing At

BSE - SME

Registrar to the Issue

No Data Available