Registered Office:
#.451568 Milan Chakra Badhargh,P.O.A.D.Nagar,
Agartala -
799003,
Tripura, India.
Phone : +91 70850 49473 Fax:
Email : cs@ovalprojects.com
Website : https://www.ovalprojects.com
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| Initial public offer of up to 54,99,200 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Oval Projects Engineering Limited ("the Company" 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 upto (Rs) [*] crores ("Issue") out of which 3,04,000 equity shares of face value of (Rs) 10/- each, at an issue price of (Rs) [*] per equity share for cash, aggregating
(Rs) [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 51,95,200 equity shares of face value of (Rs) 10/- each, at an issue price of (Rs) [*] per equity share for cash, aggregating upto (Rs) [*] crores is herein after referred to as the "Net Issue". The issue and net issue will constitute [*]% and [*]%, respectively of the post-issue paid-up equity share capital of the company.
Price Band: (Rs) 80/- to (Rs) 85/- for equity share of face value of (Rs) 10/- each.
The floor price is 8 times times the face value and cap price is 8.5 times of the face value of the equity shares.
Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter. |
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 28-Aug-25 |
01-Sep-25 |
80.00-85.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
3200
Further Multiples of :
1600
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
SMC Capitals Ltd
|
| Project Financed through Current Offer |
43.99 |
|
| Post Issue Equity Share Capital |
20.77 |
|
| Issue Price |
80.00 |
|
|