Essex Marine Ltd
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cs@essexmpl.com Website:www.essexmpl.com
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Public issue of up to 42,62,000 equity shares of face value Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. [*]/- per equity share (including a securities premium of Rs. [*] per equity share) (the "Issue Price"), aggregating upto Rs. [*] crores ("Isue") of the issue, [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Issue". the issue and the net issue will constitute [*] % and [*] %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is [*] times of the face value.
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Essex Marine Ltd
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Rs Cr |
Lead Managers to the Issue |
0.00 |
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23.01 |
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0.00 |
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Rs.
54.00
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Projects |
Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441
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Setting up of "Ready-to-Cook" Section by adding blanching in the existing process at the existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441
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Funding of working capital requirements of the company
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Repayment/Pre-payment, in full or in part, of certain borrowings availed by the company
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General corporate purposes
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