+919998510543

IPO

IPO Synopsis
Ishan International Ltd
Registered Office: 607 Chiranjiv Tower,Nehru Place , New Delhi - 110019 , Delhi , India.
Phone : 91-9315603745 / 91-120-4211766   Fax:
Email :  cs@ishangroup.co.in  
Website :  www.ishanglobal.com
Initial public issue of 22,80,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Ishan International Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 80/- per equity share (including a share premium of Rs. 70/- per equity share) ("Issue Price") aggregating to Rs. 18.24 crores ("The Issue"), out of which 1,20,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 80/- per equity share, aggregating to Rs. 0.96 crores will be reserved for subscription by market maker ("Market Maker Reservation Portionö). The issue less the market maker reservation portion i.e. issue of 21,60,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 80/- per equity share aggregating to Rs. 17.28 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 31.63 %and 29.97 %, 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. 80 is 8.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-22 14-Sep-22 Rs80.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 16.30
Firat Overseas Capital Ltd
Project Financed through Current Offer 18.24  
Post Issue Equity Share Capital 7.21  
Issue Price Rs80.00  
 
Projects
Funding the proposed joint venture and or acquisitionGeneral corporate expenses
To meet the working capital requirements
Promoted By
Chirag Arvind Shah
Nehaben Chiragbhai Shah
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd