IPO

Pace E-Commerce Ventures Ltd

Initial public offer of 64,59,600 equity shares of face value of Rs. 10/- each of Pace E-Commerce Ventures Limited ("PEVL" or the "Company" or the "Issuer") for cash at a price of Rs. 103 per equity share including a share premium of Rs. 93 per equity share (the "Issue Price") aggregating to Rs. 66.53. crores ("The Offer") comprising of fresh issue of 40,00,000 equity shares of Rs. 103 per equity shares aggregating to Rs. 41.20 crores and offer for sale of 24,59,600 equity shares by selling shareholders of Rs. 103 per equity shares aggregating to Rs. 25.33 crores, of which 3,32,400 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 103 per equity share including a share premium of Rs. 93 per equity share aggregating to Rs. 3.42 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 61,27,200 equity shares of face value of Rs. 10 each at a price of Rs. 103 per equity share aggregating to Rs. 63.11 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.67% and 27.19 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00/- each and the issue price is 10.3 times of the face value. Minimum application of 1200 equity shares and in multiples of 1200 equity shares thereafter.
Issue
Opens On Closes On
29-Sep-22 13-Oct-22
Money Payable On
Application Allotment
103.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 40.60 Interactive Financial Services Ltd
Project Financed through Current Offer (.Cr) 66.53  
Post Issue Equity Share Capital (.Cr) 22.53
Issue Price () 103.00
Projects
Acquisition of Plant and Machineries
Long Term Working Capital Requirements
General Corporate Purposes
Promoted By
Shaival Dharmendra Gandhi
Listing At
BSE - SME
Registrar to the Issue
No Data Available