IPO Details

Malaika Appliances Ltd
Registered Office: Malaika Estate Sakivihar Road,Raje Shivaji Nagar Powai,Mumbai-400072, Maharashtra
Tel. No: 91-22-28579686
Fax No: 91-22-28575665
Email: pwi@malaikaappliances.com
Website: www.malaikagroup.in
Public issue of 12,00,000 equity shares of face value of Rs. 10/- each fully paid up of Malaika Appliances Limited ("Malaika" or the "company" or the "issuer") for cash at a price of Rs. 24/- per equity share (the "issue price") (including a share premium of Rs. 14/- per equity share aggregating Rs. 2.88 crores (the "issue") by the company, of which 60,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 11,40,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.67% and 25.33%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 24/-. The Issue price is 2.40 times the face value.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹24.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 6000	Further Multiples of : 6000

	(₹ Cr)	Lead Managers to the Issue
Project Cost	2.88	Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer	2.88
Post Issue Equity Share Capital	4.50
Issue Price	24.00

Projects
To meet the working capital requirements

Promoted By
Gilbert Paustine Baptist
Marceline Jpquim Baptist

Listing At
BSE - SME

Registrar To The Issue
Bigshare Services Pvt Ltd