Technopack Polymers Ltd

Initial public offer of upto 14,30,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Technopack Polymers Limited (the "Company" or "TPL" or "The Issuer") for cash at a price of Rs. 55 per share (including a share premium of Rs. 45 per equity share) (the "Issue Price"), aggregating to Rs. 7.87 crores ("The Issue"), of which upto 71,500 equity shares of Rs. 10 each 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 13,58,500 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.48% and 25.16%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 5.5 time of the face value.
Opens On Closes On
02-Nov-22 07-Nov-22
Money Payable On
Application Allotment
55.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 7.37 ISK Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 7.87  
Post Issue Equity Share Capital (.Cr) 5.40
Issue Price () 55.00
Part funding to purchase and set up additional SACMI CCM24S-F plnt manufacturing of HDPE beverages closures (Compression moulding machine fully equipped with all ancillaries)
Working capital requirements
General corporate purposes
Promoted By
Kalpeshkumar Ishwarlal Pandya
Chetankumar Ishvarlal Pandya
Listing At
Registrar to the Issue
No Data Available