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Public offer of 20,500,000 equity shares of Rs. 10 each of Binani Cement Limited (BCL) (the company) through an offer for sale by Binani Industries Limited (BIL) (the selling Shareholder), at a price of Rs.75/- per equity share for cash aggregating Rs.153.75 crores (the offer). The offer constitutes 10.09% of the pre and post offer paid up capital of the Company. Issue Price is Rs.75/- per equity share of face value of Rs. 10 each The issue price is 7.5 times of the face value
Company
Binani Cement Ltd
Issue Type
(Book Built Portion)
Open Date
07 May
Close Date
10 May
Offer Price
75.00
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