:::LALKAR GROUP::::

Phoenix Overseas Ltd

Registered Office: 13B, Bidhan Sarani Amherst St,, Kolkata - 700006, West Bengal, India.
Phone : +91 33 2219 8752 Fax:
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-24	24-Sep-24	64.00-0.00	0.00-0.00

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

	(Rs)	Lead Managers to the Issue
Project Cost	24.59	Khandwala Securities Ltd
Project Financed through Current Offer	36.03
Post Issue Equity Share Capital	19.35
Issue Price	64.00

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

No Data Available