Rudra Shares and Stock Brokers LTD.

IPO SYNOPSIS

Prince Pipes & Fittings Ltd
Registered Office:
Plot No 1 Honda Indl Estat,Phase II Honda Sattari Honda,
Goa - 403530,
Goa, India.
Initial Public Offering of 28,089,885 equity shares of face value of (Rs) 10 each of Prince Pipes and Fittings Limited (the "company" or the "issuer" and such equity shares, the "equity shares") for cash at a price of (Rs) 178 per equity share including a share premium of (Rs) 168 per equity share (the "offer price"), aggregating to (Rs) 500 Crores* (the "offer"), comprising a fresh issue of 14,044,943 equity shares by the company aggregating to (Rs) 250 Crores* (the "fresh issue") and an offer for sale of 14,044,942 equity shares aggregating to (Rs) 250 Crores, including 1,123,595 equity shares aggregating to (Rs) 20 Crores by Jayant shamji Chheda, 7,865,168 equity shares aggregating to (Rs) 140 Crores by Tarla Jayant Chheda, 2,808,988 equity shares aggregating to (Rs) 50 Crores by Parag Jayant Chheda and 2,247,191 equity shares aggregating to (Rs) 40 Crores by Vipul Jayant Chheda (together, the "promoter selling shareholders" and such offers the "offer for sale"). The offer constitutes 25.53% of the post-offer 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. The offer price is 17.80 times the face value of the equity shares. *The company has, in consultation with the book running lead managers ("brlms"), undertaken a private placement of 596,500 compulsorily convertible preference shares, which have been converted into 5,965,000 equity shares for cash consideration aggregating to (Rs) 106.18 Crores ("pre-ipo placement"). The size of the fresh issue of up to (Rs) 356.18 Crores has been reduced by (Rs) 106.18 Crores pursuant to the pre-ipo placement and accordingly the fresh issue is up to (Rs) 250 Crores.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
18-Dec-19
20-Dec-19
178.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 84   Further Multiples of : 84
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
250.00
Edelweiss Financial Services Ltd
Project Financed through Current Offer
500.00
 
Post Issue Equity Share Capital
110.03
 
Issue Price
178.00
 
Projects
Repayment or prepayment in full or part of certain outstanding loans of the company
Financing the project cost towards establishment of new manufacturing facility
Upgradation of equipment at the manufacturing facility
General Corporate Purposes
Promoted By
Jayant Shamji Chheda
Tarla Jayant Chheda
Parag Jayant Chheda
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
ATTENTION INVESTORS : Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors.    ||     Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.   ||    KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on
your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191
dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

(Issued in the interest of Investors.)

Important Message

This is to inform that, many instances were reported by general public where fraudsters are cheating general public by misusing our brand name RUDRA SHARES.
The fraudsters are luring the general public to transfer them money by falsely committing attractive brokerage / investment schemes of share market and/or Mutual Funds
and/or personal loan facilities. Though as for as possible, we initiate legal actions against the fraudsters, we request you to not fall prey to such fraudsters. You can check
about our products and services by visiting our website www.rudrashares.com. You can also write to us at compliance@rudrashares.com, to know more about products and services.

SEBI REGN. (STOCK BROKER) - NSE-CM/FO/CD / BSE-CM/FO/CD / MCX / NCDEX - INZ000004937
SEBI REGN. (DP)IN-DP-558-2021
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