Registered Office:
B-306 East Face Nr.S P Ring Rd,Ambli Road Ambli Daskroi,
Ahmedabad -
380058,
Gujarat, India.
Phone : +91 84600 85869 Fax:
Email : cs@kenrikindustries.net
Website : www.kenrikindustries.net
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Initial public offer of 34,98,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Kenrik Industries Limited (the "Company" or the "Issuer") for cash at a price of (Rs) 25/- per equity share, including a share premium of (Rs) 15/- per equity share (the "Issue Price"), aggregating to (Rs) 8.75 crores ("The Issue"), of which 1,80,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 25/- per equity share, aggregating to (Rs) 0.45 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 33,18,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 25/- per equity share, aggregating to (Rs) 8.30 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.99% and 26.55% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is (Rs) 10/- each and the issue price is (Rs) 25/- each i.e., 2.5 times of the face value of the equity shares.
The minimum lot size is 6,000 equity shares.
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Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
29-Apr-25 |
06-May-25 |
25.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
6000
Further Multiples of :
6000
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(Rs.Cr) |
Lead Managers to the Issue |
Project Cost |
8.36 |
Turnaround Corporate Advisors Pvt Ltd
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Project Financed through Current Offer |
8.75 |
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Post Issue Equity Share Capital |
12.50 |
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Issue Price |
25.00 |
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