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Baheti Recycling Industries Ltd
Registered Office:
A-2/3 L R Apartment Shahibaug,Opp Police Commissioner Office, Ahmedabad - 380004, Gujarat, India.
Initial public offer of 27,60,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Baheti Recycling Industries Limited ("The Company" or "BRIL" or "The Issuer") at an issue price of Rs. 45/- per equity share for cash, aggregating up to Rs. 12.42 crores ("Public Issue") out of which 1,47,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating Rs. 0.66 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 26,13,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 45/- per equity share for cash, aggregating upto Rs. 11.76 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.62% and 25.20% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is 4.5 times of the face value. The minimum lot size is 3,000 equity shares.
Issue
Opens On Closes On
28-Nov-22 30-Nov-22
Money Payable On
Application Allotment
45.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(Cr.) Lead Managers to the Issue
Project Cost () 11.46 Hem Securities Ltd
Project Financed through Current Offer () 12.42  
Post Issue Equity Share Capital () 10.37  
Issue Price () 45.00  
Projects
Modernization and expansion of existing manufacturing unit
To meet Working Capital Requirements
General Corporate Purposes
Promoted By
Shankerlal Bansilal Shah
Listing At
NSE - SME
Registrar to the Issue