| Initial public issue of upto 14,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Seemax Resources Limited ("Seemax" or the "Company" or "the Issuer") for cash at a price Rs. 134-141 per equity share (Including a Share Premium of Rs. 124-131 Per Equity Share) ("The Issue Price") aggregating upto Rs. 18.76-19.74 Crore, of which upto 70,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 134-141 per equity share including a share premium of Rs. 124-131 per equity share aggregating upto Rs. 0.94-0.99 Crore 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. Net issue of upto 13,30,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 134-141 per equity share including a share premium of upto Rs. 124-131 aggregating to Rs. 17.82-18.75 Crore (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute upto 31.82% and 30.23%, respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 134 to Rs. 141 per equity share of face value of Rs. 10.00 each.
The floor price is 13.40 times the face value of the equity shares and the cap price is 14.10 times the face value of the equity shares.
Bids can be made for a minimum of 2 lots of 1,000 equity shares and in multiples of 1,000 equity shares thereafter. |