Tarmat Ltd IPO

IPO Synopsis

Public issue of 29,00,000 equity shares of Rs.10/- each for cash at a price of Rs.175/- per equity share, aggregating Rs.50.75 Crores (the issue). The issue comprises a reservation of 1,00,000 equity shares of Rs. 10/- each aggregating Rs.1.75 Crores for eligible employees (the employee reservation portion), and net issue of 28,00,000 equity shares of Rs.10/- each aggregating Rs.49.00 Crores. The issue would constitute 26.46% of the fully diluted post issue paid-up capital of the company. Issue Price is Rs.175/- per equity share of face value of Rs.10/- each The issue price is 17.5 times the face value

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