Initial public issue of 60,00,000 equity shares of Rs. 10/- each (Equity Shares) of Neptune Petrochemicals Limited (NPL or the Company or the Issuer) for cash at a price of Rs. 122/- per equity share including a share premium of Rs. 112/- per equity share (the Issue Price), Aggregating to Rs.73.20 crores (the Issue), of which 3,00,000 equity shares of Rs. 10/- each for cash at a price of Rs. 122/- per equity share including a share premium of Rs. 112/- per equity share aggregating to Rs.3.66 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of Rs. 10/- each including a share premium of Rs. 112/- per equity share aggregating to Rs. 69.54 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.49% and 25.16%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10.00 each.
The price band will be decided by the company.
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