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IPO Synopsis

Vaxtex Cotfab Ltd

Registered Office: Survey No 230 Opp Mariya Park,B/h Ranipur Vill Saijpur-Narol , Ahmedabad - 382405 , Gujarat , India.
Phone : 91-9724496973/9727123004   Fax:N/A
Email :  vaxtexcotfab@gmail.com  
Website :  www.vaxtexcotfab.com
Initial Public Issue of 15,96,000 equity shares of face value of (Rs)10 each of Vaxtex Cotfab Limited (the "company" or the "issuer") for cash at a price of (Rs)24 per equity share including a share premium of (Rs)14 per equity share (the "issue price") aggregating to (Rs)3.83 Crores ("the issue"), of which 84.000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)24 per equity share including a share premium of (Rs)14 per equity share aggregating to (Rs)0.20 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 upto 15,12,000 equity shares of face value of (Rs)10 each at a price of (Rs)24 per equity share aggregating to (Rs)3.63 Crores is herein after referred to as the "net issue". the issue and the net issue will constitute 26.50% and 25.10% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price is 2.4 times of the face value. Minimum Application Size of 6000 shares and in Multiples of 6000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-19 03-Jan-20 (Rs)24.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000

  (Rs Cr) Lead Managers to the Issue
Project Cost 3.83
Project Financed through Current Offer 3.83  
Post Issue Equity Share Capital 6.02  
Issue Price 24.00  

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