| Magson Retail and Distribution Ltd |
|---|
| Registered Office: 204-B,Primate Complex, Opp Mot, -her Milk Palace,Nr Judges Bng, Ahmedabad - 380015, Gujarat |
| Phone: +91 9978607507 |
| Email: cs.magson@gmail.com |
| Website: www.magson.in |
| Initial public offer of upto 21,14,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Magson Retail and Distribution Limited (the "Company" or "MRDL" or "The Issuer") for cash at an issue price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share) (the "Issue Price"), aggregating to Rs. 13.74 crores ("The Issue"), of which upto 1,06,000 equity shares of Rs. 10 each 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 upto 20,08,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.93% and 25.58%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 6.5 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 23-Jun-2023 | 27-Jun-2023 | ₹ 65.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 13.24 | ISK Advisors Pvt Ltd |
| Project Financed through Current Offer | 13.74 | |
| Post Issue Equity Share Capital | 7.85 | |
| Issue Price | ₹65.00 | |
| Projects |
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| Promoted By |
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| Rajesh Emmanuel Francis |
| Manish Shivnarayan Pancholi |
| Jennifer Rajesh Francis |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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