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Company Contact Information
Presstonic Engineering Ltd
Registered Office: Sy # 2 Khatha # 145 Hoysala -, Main Road Pillappa Ind.Layout, Bangalore - 560091, Karnataka
Phone: +91 80 2348 0001
Email: cs@presstonengg.co
Website: www.presstonic.com
Initial public offer of 32,36,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Presstonic Engineering Limited (the "Company" or the "Issuer") for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the "Issue Price"), aggregating to Rs. 23.31 crores ("The Issue"), of which 1,63,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 1.18 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 30,73,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 22.13 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 42.00% and 39.88% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. The minimum lot size is 1,600 equity shares
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
11-Dec-2023 13-Dec-2023 ₹ 72.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0
(₹)Cr. Lead Managers to the Issue
Project Cost 20.06 Finshore Management Services Ltd
Project Financed through Current Offer 23.31
Post Issue Equity Share Capital 7.71
Issue Price ₹72.00
Projects
Projects
Funding capital expenditure towards purchase of additional plant and machinery
Prepayment in full of certain borrowings availed by the company
Working capital requirements
General corporate purposes
Promoted By
Promoted By
Herga Poornachandra Kedilaya
Yermal Giridhar Rao
Listing At
Listing At
NSE - SME
Registrar to the Issue
Registrar to the Issue
Cameo Corporate Services Ltd

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