IVRCL Ltd IPO

IPO Synopsis

Public issue of 3189870 equity shares of Rs. 10/- each at a price of Rs. 395 for cash aggregating Rs. 126 crore (referred to as the issue) including reservation for employees of 189870 equity shares of Rs. 10/- each at a price of Rs. 395 for cash aggregating Rs. 7.50 crore. There will also be a green shoe option of 478470 equity shares of Rs. 10/- each aggregating Rs. 18.90 crore. The issue and the green shoe option aggregate Rs. 144.90 crore. The issue would constitute 15.82% of the post issue paid-up capital of our company assuming that the green shoe option is not exercised and 15.45% assuming that the green shoe option is exercised.

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