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IPO Synopsis
  Kshitij Polyline Ltd
Registered Office: 8 Sona Udyog,Parsi Panchayat Road Andheri-E , Mumbai - 400069 , Maharashtra , India.
Phone : 91-22-42234107   Fax:
Email :  bg&kshitijpolyline.com  
Website :  www.kshitijpolyline.com
Public issue of 25,00,000 equity shares of face value of 10/- each of Kshitij Polyline Limited ("the company" or "the issuer") for cash at a price of 35 per equity share (including a share premium of 25 per equity share) ("issue price") aggregating to 8.75 Crores ("the issue"), of which 1,32,000 equity shares of face value of 10/- each for a cash price of 35 per equity share, aggregating to 0.46 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 23,68,000 equity shares of face value of 10/- each at an issue price of 35 per equity share aggregating to 8.29 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.79 % and 27.27 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is 10/- each and the issue price is 35. The issue price is 3.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-18 27-Sep-18 35.00-0.00 0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  Cr Lead Managers to the Issue
Project Cost 8.75
Monarch Networth Capital Ltd
Project Financed through Current Offer 8.75  
Post Issue Equity Share Capital 8.68  
Issue Price 35.00  
To Purchase of Machineries & Equipment to Mfg theLaminated Sheet Suitable for Stationery & Office ProductsGeneral Corporate Expenses
To Meet Working Capital Requirement
Promoted By
Bharat Hemraj Gala
Hemraj Bhimshi Gala
Rita Bharat Gala
Listing At
Registrar to the Issue
Karvy Fintech Pvt Ltd