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IPO Details


Phoenix Overseas Ltd
Registered Office: 13B, Bidhan Sarani Amherst St, , Kolkata - 700006, West Bengal
Phone: +91 33 2219 8752
Email: cs@phxglobal.net
Website: www.phxglobal.net
Initial public offer of up to 56,30,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 64/- per equity share (including a securities premium of Rs. 54- per equity share) (the "Offer "Price"), aggregating upto Rs. 36.03 crores ("Offer"), comprising of fresh offer of upto 45,80,000 equity shares aggregating to Rs. 29.31 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 Rs. 6.72 crores, out of which 2,82,000 equity shares aggregating to Rs. 1.80 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 Rs. 10 each at an offer price of Rs. 64/- per equity share aggregating to Rs. 34.23 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.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Sep-2024 24-Sep-2024 64.00 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
()Cr. Lead Managers to the Issue
Project Cost 24.59 Khandwala Securities Ltd
Project Financed through Current Offer 36.03
Post Issue Equity Share Capital 19.35
Issue Price 64.00
Projects
Funding its working capital requirements
Pursuing inorganic growth initiatives
General corporate purposes
Promoted By
Aparesh Nandi
Jayanta Kumar Ghosh
Uday Narayan Singh
Listing At
NSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

82,055.11 158.32 (0.19%)

Nifty

25,044.35 72.45 (0.29%)

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85.75 0.06 (0.95%)

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