Belrise Industries Ltd - IPO

Belrise Industries Ltd IPO Details

<p class=MsoNormal>Initial public offering of up to [*] equity shares of facevalue of Rs. 5/- each (Equity Shares) of Belrise Industries Limited (theCompany or the Issuer) 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. 2150.00 crores (issue). </p><p class=MsoNormal>Price Band Rs. 85 to Rs. 90 per equity share of face value of Rs. 5 each.&nbsp;</p><p class=MsoNormal>The Floor Price is 17 times the cace value of the equity shares and the cap price is 18 times the cace value of the equity shares.</p><p class=MsoNormal>Bids can be made for a minimum of 166 equity shares and in multiples of 166 equity shares thereafter.&nbsp;</p><p class=MsoNormal><br /></p>

Objective of issue

Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the company. General corporate purposes.

Belrise Industries Ltd Contact Details

Belrise Industries Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - badve_agd@sacharnet.in