IPO Details

Phoenix Overseas Ltd
Registered Office: 13B, Bidhan Sarani Amherst St, , Kolkata - 700006, West Bengal
Phone: +91 33 2219 8752
Email: cs@phxglobal.net
Website: www.phxglobal.net
Initial public offer of up to 56,30,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 64/- per equity share (including a securities premium of Rs. 54- per equity share) (the "Offer "Price"), aggregating upto Rs. 36.03 crores ("Offer"), comprising of fresh offer of upto 45,80,000 equity shares aggregating to Rs. 29.31 crores (the "Fresh Offer") and an offer for sale of upto 10,50,000 equity shares by Aparesh Nandi, Uday Narayan Singh and Jayanta Kumar Ghosh ("The Selling Shareholder") ("Offer for Sale") aggregating to Rs. 6.72 crores, out of which 2,82,000 equity shares aggregating to Rs. 1.80 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 53,48,000 equity shares of face value of Rs. 10 each at an offer price of Rs. 64/- per equity share aggregating to Rs. 34.23 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.10% and 27.64%, respectively of the post offer paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
20-Sep-2024	24-Sep-2024	₹ 64.00	₹ 0.00

Projects
Funding its working capital requirements
Pursuing inorganic growth initiatives
General corporate purposes

Promoted By
Aparesh Nandi
Jayanta Kumar Ghosh
Uday Narayan Singh

Listing At
NSE - SME

Registrar to the Issue