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Phoenix Overseas Ltd
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Registered Office :
13B, Bidhan Sarani Amherst St,
,
Kolkata
-
700006
,
West Bengal
, India.
Phone :
+91 33 2219 8752 Fax:
Email : cs@phxglobal.net
Website : www.phxglobal.net
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Initial public offer of up to 56,30,000 equity shares of face value Rs10 each ("Equity Shares") of the company for cash at a price of Rs64/- per equity share (including a securities premium of Rs54- per equity share) (the "Offer "Price"), aggregating upto Rs36.03 crores ("Offer"), comprising of fresh offer of upto 45,80,000 equity shares aggregating to
Rs29.31 crores (the "Fresh Offer") and an offer for sale of upto 10,50,000 equity shares by Aparesh Nandi, Uday Narayan Singh and Jayanta Kumar Ghosh ("The Selling Shareholder") ("Offer for Sale") aggregating to Rs6.72 crores, out of which 2,82,000 equity shares aggregating to Rs1.80 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 53,48,000 equity shares of face value of Rs10 each at an offer price of Rs64/- per equity share aggregating to Rs34.23 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.10% and 27.64%, respectively of the post offer paid up equity share capital of the company.
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Opens On
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Closes On
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Application
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Allotment
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20-Sep-24
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24-Sep-24
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Rs 64.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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24.59
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Project Financed through Current Offer
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36.03
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Post Issue Equity Share Capital
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19.35
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Issue Price
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Rs 64.00
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