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Vertoz Ltd
Vertoz Ltd
Registered Office : 602 Avior Nirmal Galaxy,LBS Marg Mulund (West),Mumbai Maharashtra 400080 Phone : 91-22-61426030
Fax : 91-22-61426061
Email : compliance@vertoz.com
Website : www.vertoz.com
Public issue of 15,84,000 equity shares of a face value of Rs. 10/- each (the "equity shares") of Vertoz Advertising Limited ("The Company" or "VAL" or "The Issuer") for cash at a price of Rs. 108/- per equity share (including a share premium of Rs. 98.00 per equity share) ("issue price") aggregating to Rs. 17.11 crores ("the issue") of which 79,200 equity shares aggregating to Rs. 0.86 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 15,04,800 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 108.00 per equity share aggregating to Rs. 16.25 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% 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 and the issue price is Rs.108. The issue price is 10.80 times of the face value.
Opens On
Closes On
14-Nov-2017
16-Nov-2017
Application
Allotment
108.00
0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
17.11
17.11
5.99
108.00
Guiness Corporate Advisors Pvt Ltd
- Funding of working capital requirements of the company
- Funding of working capital requirements of the subsidiaries Vertoz Inc. and Vertoz Ltd
- General corporate expenses
- Hirenkumar Shah
- Ashish Shah
- NSE - SME
- KFin Techologies Ltd