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| Prospectus synopsis |
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Phone:91-89-1663 7777 Fax:
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| Initial public offering of up to 12,567,441 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of
Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) ("Offer Price") aggregating up to Rs. 270.20 crores (the "Offer") comprising a fresh issue of up to 9,767,441 equity shares aggregating up to Rs. 210.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 2,800,000 equity shares aggregating up to Rs. 60.20 crores by Grandhi Bharata Mallika Ratna Kumari (huf) (promoter selling shareholder) and such offer for sale of equity shares by the promoter selling shareholder, the "Offer for Sale"). The offer would constitute 25.73% of the post-offer paid-up equity share capital of the company.
^Subject to finalisation of basis allotment
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| 22-Sep-23 |
26-Sep-23 |
Rs
215.00-0.00
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Rs
0.00-0.00
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| Minimum Application for shares in Nos :
69
Further Multiples of :
69
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| Project Cost |
189.34 |
| Elara Capital (India) Pvt Ltd |
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| Project Financed through Current Offer |
270.20 |
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| Post Issue Equity Share Capital |
48.85 |
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| Issue Price |
Rs.215.00
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Estimated capital expenditure cost for the proposed eight (8) new showrooms
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Estimated inventory cost for new showrooms proposed to be opened
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General corporate purposes
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