Initial public offer of upto 52,99,200 equity shares of face value of Rs.10/- each (the "Equity Shares") of Bharatrohan Airborne Innovations Limited ("the Company" or "Bharatrohan" or "the Issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "Issue Price") aggregating to Rs. [*] crores ("the Issue"), of which upto [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 50,30,400 equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 80/- to Rs. 85/- for equity share of face value of Rs. 10 each. The floor price is 8.00 times times the face value and cap price is 8.50 times of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
Amandeep Panwar
Rishabh Choudhary
BSE - SME
No Data Available