Oceanaa Biotek industries Ltd IPO

IPO Synopsis

Public issue of 21,00,000 equity shares of Rs. 10/- each (equity shares) of Oceanaa Biotek Industries Limited (OBIL or The Company or The Issuer) for cash at par (The issue price), aggregating to Rs. 2.10 crores (The Issue), of which, 1,10,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 19,90,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 40.24% and 38.14% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/-. The issue price is Rs. 10/- The issue price is one time of the face value.