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IPO

IPO Synopsis
Vaxtex Cotfab Ltd
Registered Office: Survey No 230 Opp Mariya Park,B/h Ranipur Vill Saijpur-Narol , Ahmedabad - 382405 , Gujarat , India.
Phone : 91-9724496973/9727123004   Fax:
Email :  vaxtexcotfab@gmail.com  
Website :  www.vaxtexcotfab.com
Initial Public Issue of 15,96,000 equity shares of face value of Rs.10 each of Vaxtex Cotfab Limited (the "company" or the "issuer") for cash at a price of Rs. 24 per equity share including a share premium of Rs. 14 per equity share (the "issue price") aggregating to Rs.3.83 Crores ("the issue"), of which 84.000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share including a share premium of Rs. 14 per equity share aggregating to Rs. 0.20 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 15,12,000 equity shares of face value of Rs. 10 each at a price of Rs. 24 per equity share aggregating to Rs. 3.63 Crores is herein after referred to as the "net issue". the issue and the net issue will constitute 26.50% and 25.10% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is 2.4 times of the face value. Minimum Application Size of 6000 shares and in Multiples of 6000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-19 03-Jan-20 Rs24.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000

  Rs Cr Lead Managers to the Issue
Project Cost 3.83
Capital Square Advisors Pvt Ltd
Project Financed through Current Offer 3.83  
Post Issue Equity Share Capital 6.02  
Issue Price Rs24.00  
 
Projects
To Acquire the MachineryGeneral Corporate Purpose
To Meet Working Capital Requirements
Promoted By
Khushant Gupta
Mithleshkumar M Agrawal
Qmin Pharma Pvt Ltd
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd