| Hi-Tech Pipes Ltd |
|---|
| Registered Office: 505 Pearl Omaxe Tower Netaji, Subhash Place Pitampura, New Delhi - 110034, New Delhi |
| Phone: 91-11-48440050 |
| Email: info@hitechpipes.in |
| Website: www.hitechpipes.in |
| Public issue of 27,30,000 equity shares of face value of Rs.10 each fully paid up of Hi-Tech Pipes Ltd ("HTPL"or""Hi-Tech" the "company" or the "issuer") for cash at a price of Rs.50 per equity share (the "issue price") including a share premium of Rs.40 per equity share aggregating Rs.13.65 crores (The "issue") by our company, of which 1,38,000 equity shares of Rs.10 fully paid up each will be reserved for subscription by market to ths issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 25,92,000 equity shares of Rs.10 each fully up is hereinafter referred) to as the "net issue". The issue and the net issue will constitute 26.50% and 25.16%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.50 the issue price is 5.00 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 15-Feb-2016 | 19-Feb-2016 | ₹ 50.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 13.65 | Sarthi Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 13.65 | |
| Post Issue Equity Share Capital | 10.30 | |
| Issue Price | ₹50.00 | |
| Projects |
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| Working capital requirements |
| General corporate purposes |
| Promoted By |
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| Ajay Kumar Bansal |
| Anish Bansal |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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