Thejo Engineering Ltd IPO

IPO Synopsis

Public issue of 472,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 402 per equity share (including a share premium of Rs. 392 per equity share) aggregating upto Rs. 19.01 crores (The Issue) by the company, of which 12,300 equity share of Rs. 10 each will be reserved for subscription by Market Makers to the issue (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 460,500 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.54% and 26.82%, respectively of the post issue paid up equity share capital of the company. Issue price is Rs. 402 per equity share of face value Rs. 10 each. The Issue price is 40.20 times the face value.

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