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Home >> Markets >> IPO - Forthcoming IPO's
IPO
As on Jun 29,2018 10:34 AM
It's shows the list of stocks that have been traded the most in terms of percentage change. Click on the company name to get detailed quotes. Choose the Group,Result,Option to customize the list.
Fusion Industries Ltd
Registered Office: SSI Plot No-4 Block-H NH-2, Opp. FCI Godown NIT, Faridabad - 121001, Haryana
Phone: 91-9999459541
Email: cs@fusionindia.com
Website:
Public issue of 26,52,000 equity shares of face value of Rs. 10/- each fully paid up of Fusion Industries Limited ("Fusion" or "FIL" or The "Company" or The "Issuer") for cash at a price of Rs. 40/- per equity share (The "Issue Price") (including share premium of Rs. 30/- per equity share) aggregating Rs. 10.61 crores (The "Issue") by the company, of which 1,38,000 equity shares of face value of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("Market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 25,14,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.52% and 25.14% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The Issue price is Rs. 40/-. The Issue price is 4.00 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 (Rs) 40.00 - 0.00 (Rs) 0.00 - 0.00
(Rs)Cr. Lead Managers to the Issue
Project Cost 10.61
Project Financed through Current Offer 10.61
Post Issue Equity Share Capital 0.00
Issue Price (Rs) 40.00
Projects
To purchase additional plant and machinery and build a shed & mezzanine floor in our existing manufacturing facility
To meet the working capital requirements of the company including margin money
To meet general corporate expenses
Promoted By
Trilok Chand Chandana
NSE - SME
Registrar to the Issue