Registered Office:
Village Mangarh,Kohara Machhiwara Road,
Ludhiana -
141001,
Punjab, India.
Phone : +91 89999 99195 Fax:
Email : sm@aint.in
Website : www.failtd.com
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| Initial public offer of upto 28,80,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Forge Auto International Limited ("The Company" or "The Issuer") at an issue price of Rs. [*] per equity share (including share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 1,46,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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 27,33,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.03 % respectively of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 102 to Rs. 108 per equity share of face value of Rs. 10 each.
The Floor Price is 10.20 times of the face value and the Cap Price is 10.80 times of the face value of the equity shares.
Bid cane be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter. |
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 26-Sep-24 |
30-Sep-24 |
102.00-108.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
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|
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Hem Securities Ltd
|
| Project Financed through Current Offer |
29.38 |
|
| Post Issue Equity Share Capital |
10.92 |
|
| Issue Price |
102.00 |
|
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