Shri Ahimsa Naturals Ltd - IPO

Shri Ahimsa Naturals Ltd IPO Details

Initial public offer 62,02,800 equity shares of face value of Rs. 10/- each (Equity Shares) of Shri Ahimsa Naturals Limited (the Company or Issuer) for cash at an offer price of Rs. 119 per equity share (including a share premium of Rs. 109 per equity share) (Offer Price), aggregating up to Rs. 73.81 crores (the Offer) comprising a fresh issue of 42,03,600 equity shares aggregating up to Rs. 50.02 crores (the fresh issue) and an offer for sale of 9,99,600 equity shares by Nemi Chand Jain and of 9,99,600 equity shares by Sumitra Jain; (the Promoter Selling Shareholders) aggregating 19,99,200 equity shares aggregating up to Rs. 23.79 crores (Offer for Sale) out of which 3,12,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 119 per equity share for cash, aggregating Rs. 3.71 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The offer less market maker reservation portion i.e. offer of 58,90,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 119 per equity share for cash, aggregating up to Rs. 70.10 crores is hereinafter referred to as the Net Offer. The offer and net offer will constitute 26.59 % and 25.25 % respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Investment in its wholly-owned subsidiary Shri Ahimsa Healthcare Pvt Ltd (SAHPL) for setting up a mfg unit at. General corporate purposes.

Shri Ahimsa Naturals Ltd Contact Details

Shri Ahimsa Naturals Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@shriahimsa.com

Website - https:, www.naturalcaffeine.co.in