IPO

IPO Synopsis
Empyrean Cashews Ltd
Registered Office: 1309 Lodha Supremus Powai,Saki Vihar Road OppMTNL Office , Mumbai - 400072 , Maharashtra , India.
Phone : 91-8779558264   Fax:
Email :  cs@krishival.com  
Website :  www.krishival.com
Initial public issue consisting of fresh issue of upto 52,47,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Empyrean Cashews Limited (the "Company" or the "Issuer") for cash at a price of Rs. 37 per equity share (including a share premium of Rs. 27 per equity share) aggregating upto Rs. 19.41 crores (the "Issue"). Of which up to 2,64,000 equity shares of face value of Rs. 10 each 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 49,83,000 equity shares of face value of Rs. 10 each at a price of Rs. 37 per equity share including a share premium of Rs. 27 per equity share aggregating to Rs. 18.44 crores (the "Net Issue"). The issue and the net issue will constitute 26.50 % and 25.18% 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 Rs. 37 per equity share, i.e., 3.7 times of the face value of the equity shares. Bid can be made for minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Mar-22 23-Mar-22 Rs37.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 18.74
Systematix Corporate Services Ltd
Project Financed through Current Offer 19.41  
Post Issue Equity Share Capital 19.80  
Issue Price Rs37.00  
 
Projects
To meet working capital requirementsGeneral Corporate Purposes
Promoted By
Aparna Morale Bangar
Nana Parakash Mhaske
Anant Pandurang Kulkarni
Listing At
NSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd