A+ | A | A- | Skip to main content |

Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Maharaja & Speedex India Ltd
Registered Office:C-5/1 First Floor,Wazirpur Industrial Area,New Delhi-110052,New Delhi, India.
Phone :    Fax:
Email : apvca@rediffmail.com
Website :NA
Initial public offer of upto 43,08,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Maharaja & Speedex India limited ("The Company" or "The Issuer") at an offer price of Rs. 186 per equity share (including a share premium of Rs. 176 per equity share) for cash, aggregating up to Rs. 80.13 Crores ("Public Offer") comprising a fresh issue of upto 34,46,400 equity shares of face value of Rs. 10 each aggregating to Rs. 64.10 Crores (the "Fresh Issue") and an offer for sale of upto 8,61,600 equity shares of face value of Rs. 10 each comprising of 4,30,800 equity shares of face value of Rs. 10 each by Rakesh Kumar Aggarwal and upto 4,30,800 equity shares of face value of Rs. 10 each by Akash Aggarwal ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to Rs. 16.03 Crores, out of which 2,16,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 186 per equity share for cash, aggregating Rs. 4.02 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 40,92,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 186 per equity share for cash, aggregating up to Rs. 76.11 Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 186 per equity share of face value of Rs. 10 each. The floor price is 18.60 times the face value of the equity shares. Bids can made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
Minimum Application for shares in Nos : 1200 Further Multiples of : 600
Amount Lead Managers to the Issue
Project Cost (.Cr) 55.13 Choice Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 80.13  
Post Issue Equity Share Capital (.Cr) 16.35
Issue Price () 186.00
Projects
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company and its subsidiary from banks
Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary
General Corporate Purposes
Promoted By
Rakesh Kumar Aggarwal
Kusum Aggarwal
Akash Aggarwal
Listing At
BSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise