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IPO

IPO Synopsis
Pramara Promotions Ltd
Registered Office: A 208 Boomerang Equity Bu.Park,CTS # 4 ETC Chandivali Farm Rd , Mumbai - 400072 , Maharashtra , India.
Phone : 7045032201   Fax:
Email :  investor@pramara.com  
Website :  https://pramara.com
Initial public issue* of 24,24,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Pramara Promotions Limited ("The Company" or the "Issuer") for cash at a price of Rs. 63/- per equity share (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 15.27 crores ("The Issue"), of which 1,24,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 63/- per equity share (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 0.78 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 23,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- (the "Issue Price"), (including a premium of Rs. 53/- per equity share), aggregating to Rs. 14.49 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.83% and 25.46% respectively of the post issue paid up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 6.3 times of the face value. Minimum application of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-23 05-Sep-23 Rs63.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 12.77
Fedex Securities Pvt Ltd
Project Financed through Current Offer 15.27  
Post Issue Equity Share Capital 9.04  
Issue Price Rs63.00  
 
Projects
Funding its working capital requiremensGeneral corporate purposes
Promoted By
Rohit Lamba
Sheetal Lamba
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd