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graph-market IPO

Northern Spirits Ltd

Registered Office: 5-A Woodbum Park Road 6th Flr,Woodburn Central Unit 603, Kolkata - 700020, West Bengal, India.
Phone : 91-33-22902043   Fax:
Email :  info@northernspirits.in  
Website :  www.northernspirits.in

Public issue of 43,02,000 equity shares of face value of Rs.10 each ("equity shares") of Northern Spirits Limited (the "company" or the "issuer") for cash at a price of Rs.43 per equity share, including a share premium of Rs.33 per equity share (the "issue price"), aggregating to Rs.18.50 Crores ("the issue"), of which 2,16,000 equity shares of face value of Rs.10 each for cash at a price of Rs.43 per equity share, aggregating to Rs.0.93 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 40,86,000 equity shares of face value of Rs.10 each for cash at a price of Rs.43 per equity share, aggregating to Rs.17.57 Crores is here in after referred to as the "net issue". The issue and the net issue will constitute 26.80% and 25.46% 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.43 i.e. 4.30 times of the face value of the equity Shares. The minimum lot size is 3,000 equity shares

Issue Money Payable On
Opens On Closes On Application Allotment
22-Mar-19 27-Mar-19 43.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 18.50 Finshore Management Services Ltd
Project Financed through Current Offer 18.50  
Post Issue Equity Share Capital 16.05  
Issue Price 43.00  

Projects

  • Working Capital Requirement
  • General Corporate Purposes

Promoted By

Kulbir Bakshi

Anuj Bakshi

Ankush Bakshi

Listing At

BSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd

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