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Novateor Research Laboratories Ltd

Registered Office:B-1001 10th Floor Block-B,Titanium City Center 100ftRoad,Ahmedabad-380015,Gujarat, India.
Phone : 91-79-4039 5888 Fax:
Email : compliancenovateor&gmail.com
Website :www.novateor.com

Initial Public Issue of 18,72,000 equity shares of face value of Rs. 10 each ("equity shares") of Novateor Research Laboratories Limited ("the company" or "the issuer") for cash at a price Rs. 24 per equity share (including a share premium of Rs. 14 per equity share) ("issue price") aggregating to Rs. 4.49 Crores ("the issue"), of which 96,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 24 per equity share, aggregating to Rs.0.23 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 17,76,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 24 per equity share aggregating to Rs. 4.26 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 38.72 %and 36.74 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price of Rs. 24 i.e. 2.4 times of the face value. The Minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.

Issue
Opens On	Closes On
30-Aug-19	04-Sep-19

Money Payable On
Application	Allotment
24.00	0.00

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
30-Aug-19	04-Sep-19	24.00	0.00

Minimum Application for shares in Nos : 6000 Further Multiples of : 6000

	Cr	Lead Managers to the Issue
Project Cost (.Cr)	4.49	First Overseas Capital Ltd
Project Financed through Current Offer (.Cr)	4.49
Post Issue Equity Share Capital (.Cr)	4.83
Issue Price ()	24.00

Projects
Additional Working Capital

Promoted By
Navdeep Subhashbhai Mehta
Tejal Navdeep Mehta

Listing At
BSE - SME

Registrar to the Issue
No Data Available

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