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Munish Forge Ltd
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Registered Office:
Village Gobindgarh Adjoining-,Phase VII Focal Point
,
Ludhiana
-
141010
,
Punjab
, India.
Phone :
+91-161-5218 900 Fax:
Email : cs@munishforge.com
Website : www.munishforge.com
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Initial public offer of 77,00,400* equity shares of face value of Rs10/- each (the "Equity Shares") of Munish Forge Limited ("the Company" or "the Offer") for cash at a price of Rs96 per equity share including a share premium of Rs86 per equity share (the "Offer Price") aggregating to Rs73.92 Crore ("the Offer") comprising of fresh offer of 63,56,400 equity shares aggregating to Rs61.02 Crore ("Fresh Offer") and an offer sale of 13,44,000 equity shares by Mr. Davinder bhasin ("Selling Shareholder") aggregating to Rs12.90 Crore ("Offer for Sale")("Public Offer"). the offer includes a reservation of 3,85,200 equity shares aggregating to Rs3.70 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). the offer less the market maker reservation portion i.e. net offer of 73,15,200 equity shares aggregating to Rs70.23 Crore ( The "Net Offer").
Price Band: Rs91/- to Rs96/- for equity share of face value of Rs10 each.
The floor price is 9.10 times times the face value and cap price is 9.60 times of the face value of the equity shares.
Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 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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30-Sep-25
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03-Oct-25
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Rs 96.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2400 Further
Multiples of :1200
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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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0.00
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| Gretex Corporate Services Ltd |
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Project Financed through Current Offer
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73.92
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Post Issue Equity Share Capital
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24.07
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Issue Price
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Rs 96.00
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