Taurian MPS Ltd
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info@taurianmps.com Website:www.taurianmps.com
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Initial public offer of upto 24,87,200 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Taurian MPS Limited (the "Company" or the "Offerer") for cash at a price of Rs. 171 per equity share including a share premium of Rs. 161 per equity share (the "Offer Price") aggregating to Rs. 42.53 crores ("the Offer"). The issue includes a reservation of upto 2,99,200 equity shares aggregating to Rs. 5.12 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of upto 21,88,000 equity shares aggregating to Rs. 37.41 crores (the "Net Offer"). The price band and the minimum bid lot will be decided by the company.
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Taurian MPS Ltd
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Rs Cr |
Lead Managers to the Issue |
35.33 |
Gretex Corporate Services Ltd |
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42.53 |
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8.88 |
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Rs.
171.00
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Projects |
Acquisition of machineries and equipment's at existing production facility
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Acquisition of equipment's to improve the research and development facilities to promote innovation
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To meet working capital requirements
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General corporate purposes
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Yashvardhan Sumit Bajla |
Puja Sumit Bajla |
Palss Properties Pvt Ltd |
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