IPO Details

Palco Recycle Industries Ltd
Registered Office: Opposite Khanwadi,Ramol Road Post Janta Nagar,Ahmedabad-382449, Gujarat
Tel. No: 91-79-25850690/25850692
Fax No: 91-79-25855338
Email: pril.ipo@palcorecycle.com
Website: www.palcorecycle.com
Public issue of [*] equity share with a face value of Rs. 10 each ("Equity Share") of Palco Recycle Industries 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) aggregating to Rs. 42.55 crores (The "Issue"). The issue comprises of a net issue of [*] equity shares aggregating to Rs. 30.00 crores to the public ("Net Issue") and promoters' contribution of [*] equity shares aggregating to Rs. 12.55 crores ("Promoters' contribution"). The issue and the net issue will constitute [*]% and [*]%, respectively of the post-issue paid-up equity share capital of the company. Price band: Rs. [*] to Rs. [*] per equity share. The issue price is [*] times of the face value at the lower end of the price band and [*] times of the face value at the higher end of the price band
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of : 0
(₹ Cr) Lead Managers to the Issue
Project Cost 89.00 Onelife Capital Advisors Ltd
Project Financed through Current Offer 42.55
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Purchase of business from Palco Metals Ltd
Purchase of business from Palco Recycle Exchange
Expansion of aluminium recycling manu. facility
Purchase of plant, machinery and equipments
Working capital requirement
Promoted By
Kirankumar B Agrawal
Kanaiyalal B Agrawal
Palco Metals Ltd
Listing At
BSE
NSE
Registrar To The Issue
MCS Ltd