Kolte Patil Developers Ltd IPO

IPO Synopsis

Public issue of 1,90,00,836 equity shares of face value of Rs. 10 each at a price of Rs.145/- per equity share for cash aggregating Rs.275.51 Crores (hereinafter referred to as the issue). The issue comprises a net issue to the public of up to 1,88,12,709 equity shares (the net issue) and a reservation of up to 1,88,127 equity shares for subscription by employees (as defined herein) (the employee reservation portion), at the issue price. The issue will constitute 25.25 % and the net issue will constitute 25.00% of the post issue paid-up equity capital of our company. Issue Price is Rs.145/- per equity share of Rs. 10 each The issue price is 14.5 times the face value