:::LALKAR GROUP::::

Krishca Strapping Solutions Ltd

Registered Office: Bldg. 01B Logos Mappedu Logis.,Park Satharai Village, Thiruvallaur - 631203, Tamil Nadu, India.
Phone : 91-9344991199 Fax:
Email : cs@krishcastrapping.com
Website : www.krishcastrapping.com

Initial public issue of 33,20,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Issue Price") aggregating up to Rs. [*] crores ("Issue / Offer"). This issue includes a reservation of 3,00,000 equity shares aggregating up to Rs. [*] crores for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 27.50% and 25.02%, respectively, of the post-issue paid-up equity share capital of the company, respectively. The face value of the equity shares is Rs. 10.00 each. The price band will be decided by the company. Price Band: Rs. 51.00 to Rs. 54.00 per equity share of face value of Rs. 10/- each and the issue price is 5.1 to 5.4 times of the face value at the lower price band and the upper price band respectively. Bid can be made for minimum of 2000 equity shares and the multiples of 2000 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-May-23	19-May-23	54.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	16.89	Share India Capital Services Pvt Ltd
Project Financed through Current Offer	17.93
Post Issue Equity Share Capital	12.07
Issue Price	54.00

Projects

Capital expenditure for setting up of New Strapping Line	Repayment of certain secured borrowings in full availed by the company
General corporate expenses

Promoted By

Lenin Krishnamoorthy Balamanik

Navaneethakrishnan Saraladevi

Listing At

NSE - SME

Registrar to the Issue

No Data Available