Munish Forge Ltd - IPO

Munish Forge Ltd IPO Details

Initial public offer of upto 77,00,400* equity shares of face value of Rs. 10/- each (the Equity Shares) of Munish Forge Limited (the Company or the Offerr) at an offer price of Rs. 96 per equity share for cash, aggregating up to Rs. 73.92 crores comprising of fresh offer of upto 63,56,400 equity shares aggregating to Rs. 61.02 crores (Fresh Offer) and an offer for sale of upto 13,44,000 equity shares by Davinder Bhasin (Selling Shareholder) aggregating to Rs. 12.90 crores (Offer for Sale) (Public Offer). The offer includes a reservation of upto [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. net offer of upto [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Offer. The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Capital expenditure towards Civil construction and Purchase of additional Plant & Machinery. Repayment/Pre-payment of Certain Debt Facilities. Working Capital Requirements. General Corporate Purposes.

Munish Forge Ltd Contact Details

Munish Forge Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@munishforge.com

Website - www.munishforge.com