IPO

IPO Synopsis

Kenrik Industries Ltd
Registered Office: B-306 East Face Nr.S P Ring Rd,Ambli Road Ambli Daskroi , Ahmedabad - 380058 , Gujarat , India.
Phone : +91 84600 85869   Fax:
Email :  cs@kenrikindustries.net  
Website :  www.kenrikindustries.net
Initial public offer of 34,98,000 equity shares of face value of Rs10/- each ("Equity Shares") of Kenrik Industries Limited (the "Company" or the "Issuer") for cash at a price of Rs25/- per equity share, including a share premium of Rs15/- per equity share (the "Issue Price"), aggregating to Rs8.75 crores ("The Issue"), of which 1,80,000 equity shares of face value of Rs10/- each for cash at a price of Rs25/- per equity share, aggregating to Rs0.45 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 33,18,000 equity shares of face value of Rs10/- each for cash at a price of Rs25/- per equity share, aggregating to Rs8.30 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.99% and 26.55% 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 Rs25/- each i.e., 2.5 times of the face value of the equity shares. The minimum lot size is 6,000 equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Apr-25 06-May-25 Rs 25.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000
  (Rs Cr) Lead Managers to the Issue
Project Cost 8.36
Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer 8.75
Post Issue Equity Share Capital 12.50
Issue Price Rs 25.00
Projects
To meet working capital requirements General corporate expenses
Promoted By Listing At Registrar to the Issue
  Nitinkumar Dalpatbhai Shah
  Nihar Nitinbhai Shah
  Manisha Nitinkumar Shah
 BSE - SME
No Data Found.

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