:::LALKAR GROUP::::

Emmforce Autotech Ltd

Registered Office: Plot # 287 Industrial Area,Phase II Industrial Estate, Panchkula - 134113, Haryana, India.
Phone : +91 98760 09999 Fax:
Email : info@emmforce.com
Website : www.emmforce.com

Initial public issue of 54,99,600 equity shares of Rs. 10/- each ("Equity Shares") of Emmforce Autotech Limited ("EAL" or the "Company" or the "Issuer") for cash at a price of Rs. 98/- per equity share including a share premium of Rs. 88/- per equity share (the "Issue Price"), aggregating to Rs. 53.90 crores ("The Issue"), of which upto 2,76,000 equity shares of Rs. 10/- each for cash at a price of Rs. 98/- per equity share including a share premium of Rs. 88/- per equity share aggregating to Rs. 2.70 crores 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 52,23,600 equity shares of Rs. 10/- each including a share premium of Rs. 98/- per equity share aggregating to Rs. 51.19 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.83% and 25.48%, respectively of the post issue paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-Apr-24	25-Apr-24	98.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	49.90	Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer	53.90
Post Issue Equity Share Capital	20.50
Issue Price	98.00

Projects

Investment in subsidiary company i.e. Emmforce Mobility Solutions Pvt Ltd in form of equity or debt for meeting the requirement of working capital and margin money for term loan of subsidiary company	To meet working capital requirement of the company
General corporate purposes

Promoted By

Ashok Mehta

Neetu Mehta

Azeez Mehta

Listing At

BSE - SME

Registrar to the Issue

No Data Available