Tara Chand Logistic Solutions Ltd IPO
IPO Details
- Open Date 13-Mar-18
- Close Date 15-Mar-18
- Lot Size 2000
- IPO Size ₹ 20.46 Cr
- IPO Price Range ₹ 55
- Min Investment ₹ 110000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public issue of 37,20,000 equity shares of face value of Rs. 10 each (equity shares) of Tara Chand Logistic Solutions Limited (company or issuer) for cash at a price of Rs. 55 per equity share (including a share premium of Rs.45 per equity share) aggregating to Rs. 20.46 Crores. The issue comprises of 1,92,000 equity shares of face value Rs.. 10 each for cash at a price of Rs.55 per equity share, aggregating to Rs.1.06 Crores which will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of upto 35,28,000 equity shares of face value of Rs..10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 19.40 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.26% and 25.86% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 55 is 5.5 times of the face value.Tara Chand Logistic Solutions Ltd Financial Status
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Contact Details of Tara Chand Logistic Solutions Ltd IPO
Contact Information
342 Industrial Area Phase-I,
,
Chandigarh, Chandigarh 160002
Tara Chand Logistic Solutions Ltd IPO Lead Manager
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