IPO

IPO Synopsis

Msafe Equipments Ltd
Registered Office: F-311 3rd Flr Aditya Arcade,Plot No.30 Community Center , Delhi - 110092 , New Delhi , India.
Phone : +91 8882207104   Fax:
Email :  info@msafegroup.com  
Website :  www.msafegroup.com
Initial public offer of up to 54,00,000 equity shares of face value of Rs10/- each (The "Equity Shares") of Msafe Equipments Limited ("The Company" Or "MEL" Or "The Issuer") at an offer price of Rs123 per equity share for cash, aggregating up to Rs66.42 crores ("Public Offer") comprising of a fresh issue of up to 44,00,000 equity shares aggregating to Rs54.12 crores (The "Fresh Issue") and an offer for sale of up to 10,00,000 equity shares by the promoter selling shareholders, Ajay Kumar Kanoi and Vansh Aggarwal ("Offer For Sale") aggregating to Rs12.3 crores, (Hereinafter Refferd As "Promoter Selling Shareholders") out of which 2,98,000 equity shares of face value of Rs10/- each, at an offer price of Rs123 per equity share for cash, aggregating Rs3.67 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. offer of 51,02,000 equity shares of face value of Rs10/- each, at an offer price of Rs123 per equity share for cash, aggregating Rs62.75 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.47% and 25.01% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs123 per equity share of face value Rs10/- each. The floor price is 12.3 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Jan-26 30-Jan-26 Rs 123.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000
  (Rs Cr) Lead Managers to the Issue
Project Cost 48.02
Seren Capital Private Limited
Project Financed through Current Offer 66.42
Post Issue Equity Share Capital 20.40
Issue Price Rs 123.00
Projects
Funding of Capital expenditure towards setup of a new Manufacturing Facility Utilization towards working capital requirements
Funding of Capital expenditure for manufacturing of equipments for Rental purpose General corporate purposes
Promoted By Listing At Registrar to the Issue
  Pradeep Aggarwal
  Ajay Kumar Kanoi
  Vansh Aggarwal
 BSE - SME
No Data Found.

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