Krishana Phoschem Ltd IPO

Closed

Subscription Details

  • Open Date 13 Feb
  • Close Date 16 Feb
  • Lot Size 4000
  • IPO Size ₹ 19.73 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000

Krishana Phoschem Ltd IPO Timeline

Open Date
13 Feb
Close Date
16 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of 65,76,000 equity shares of face value of Rs. 10.00 each of Krishana Phoschem Limited (The company) for cash at a price of Rs. 30 per equity share (including a share premium of Rs. 20 per equity share) (Offer Price) aggregating to Rs. 19.73 crores (The offer) through an offer for sale by Mahendra Kumar Ostwal, Pankaj Ostwal HUF, Praveen Ostwal HUF, Chunri Prints Pvt. Ltd., Paneri Textiles Pvt. Ltd, Archid Products Pvt. Ltd, Mrs. Nitu Ostwal, Mrs. Ekta Jain, Mr. Pankaj Ostwal, Mahendra Kumar Ostwal HUF, Seasons Agro Chem India Pvt. Limited, Madhya Bharat agro products Limited, of which 3,36,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 30 per equity share, aggregating to Rs. 1.01 crores will be reserved for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 62,40,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 30 per equity share aggregating to Rs. 18.72 crores (The Net Offer). The offer and the net offer will constitute 26.41% and 25.06%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price is Rs. 30 each. The offer price is 3 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Krishana Phoschem Ltd IPO

Contact Information

Address

5-O-20 Basement,
R C Vyas Colony,
Bhilwara, Rajasthan 311001

Krishana Phoschem Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account