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Effwa Infra & Research Ltd
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Registered Office:
G.No.7 Vardhman Ind. Complex,Lal Bahad.Shastri Marg Than W
,
Thane
-
400601
,
Maharashtra
, India.
Phone :
+91 98338 50052 Fax:
Email : investor@effwa.co.in
Website : www.effwa.co.in
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Initial public offer of 62,52,800 equity shares of face value of Rs10/- each (the "Equity Shares") of Effwa Infra & Research Limited ("The Company" or "Effwa" or "The Offeror") at an offer price of Rs82/- per equity share for cash, aggregating to Rs51.27 crores comprising of fresh offer of 53,16,800 equity shares aggregating to Rs43.60 crores ("Fresh Offer") and an offer for sale of 9,36,000 equity shares by Varsha Subhash Kamal and Subhash Ramavtar Kamal ("Selling Shareholders") aggregating to Rs7.68 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of 3,24,800 equity shares of face value of Rs10/- each, at an offer price of Rs82/- per equity share for cash, aggregating to Rs2.66 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of 59,28,000 equity shares of face value of Rs10/- each, at an offer price of Rs82/- per equity share for cash, aggregating to Rs48.61 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.01% and 25.61% respectively of the post-offer paid-up equity share capital of the company.
The face value of equity shares is Rs10/- each. The offer price is 8.2 times the face value of the equity shares.
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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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05-Jul-24
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09-Jul-24
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Rs 82.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :1600 Further
Multiples of :1600
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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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38.32
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Project Financed through Current Offer
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51.27
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Post Issue Equity Share Capital
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23.15
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Issue Price
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Rs 82.00
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