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Timescan Logistics (India) Ltd
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Registered Office:
Rajah Annamalai Bldg. 3rd Flr,18/3 Rukmani Laksh. Rd. Egmore
,
Chennai
-
600008
,
Tamil Nadu
, India.
Phone :
91-044-43566000 Fax:
Email : cs@timescan.in
Website : www.timescan.in
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Initial public offer of 9,44,000 equity shares of face value of Rs10/- each ("Equity Shares") of Timescan Logistics (India) Limited (The "Company" or the "Issuer") for cash at a price of Rs51/- per equity share, including a share premium of Rs41/- per equity share (The "Issue Price"), aggregating to Rs4.81 crores ("The Issue"), of which 48,000 equity shares of face value of Rs10/- each for cash at a price of Rs51/- per equity share, aggregating to Rs0.24. crores will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 8,96,000 equity shares of face value of Rs10/- each for cash at a price of Rs51/- per equity share, aggregating to Rs4.57 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.02% and 25.64% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is Rs10/- each and the issue price is
Rs51/- each i.e., 5.1 times of the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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31-Dec-21
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04-Jan-22
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Rs 51.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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4.81
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| Finshore Management Services Ltd |
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Project Financed through Current Offer
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4.81
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Post Issue Equity Share Capital
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3.49
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Issue Price
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Rs 51.00
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