IPO

Jindal Cotex Ltd IPO

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Public issue of 1,24,53,894 Equity shares of face value of Rs. 10/- each (Equity shares) for cash at a price of Rs. 75 per equity share (including a premium of Rs. 65 per equity share) aggregating Rs. 93.40 Crores (the issue) comprising of promoters contribution of 12,03,894 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 9.03 Crores (referred to as the promoters contribution) and reservation for eligible employees of the company of 5,00,000 equity shares Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 3.75 Crores (referred to as the (Employee Reservation portion). The net issue to the public is of 1,07,50,000 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 80.63 Crores (referred to as the net issue). The net issue shall constitute 43.00% of the post issue paid up capital of the company. Issue Price: Rs.75 Per Equity Share of Face Value of Rs. 10 Each. The Issue Price is 7.5 times of the Face Value.

Jindal Cotex Ltd IPO Subscription Details

Company

Jindal Cotex Ltd

Issue Type

(Book Built Portion)

Open Date

27 Aug

Close Date

01 Sep

Offer Price

75.00

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  • Approve the block request

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Contact Details of Jindal Cotex Ltd IPO

Company Contact Information

Jindal Cotex Ltd IPO
V P O Jugiana,
G T Road,
Ludhiana, Punjab 141017.

Phone: 91-161-2511840
Email: cs@jindalcotex.com

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