Cryogenic OGS Ltd - IPO

Cryogenic OGS Ltd IPO Details

Initial public issue of 37,80,000 equity shares of face value of Rs. 10/- each of Cryogenic OGS Limited (COGSL) or the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which 1,89,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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 35,91,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The ssue and the net issue will constitute 25.15 and 26.47, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 44 to Rs. 47 per equity share of face value of Rs. 10 each.The floor price is 4.4 times of the face value and the cap price is 4.77 times of the face value.Bids can be made for the minimum of 6000 equity shares and in multiples of 3000 equity shares thereafter.

Objective of issue

To meet working capital requirements. General corporate purposes.

Cryogenic OGS Ltd Contact Details

Cryogenic OGS Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@cryogenicogs.com

Website - www.cryogenicogs.com