| Initial public offer of up to 53,04,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of HRS Aluglaze Limited ("HRS" Of "The"Company") at an issue price of Rs. 96 per equity share (Including A Share Premium Of Rs. 86 Per Equity Share) for cash, aggregating up to Rs. 50.92 crores ("Public Issue") out of which 2,74,800 equity shares of face value of Rs. 10/- each,at an issue price of Rs. 96 per equity share for cash, aggregating Rs. 2.64 crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 50,29,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 96 per equity share for cash, aggregating up to Rs. 48.28 crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 27.51 % and 26.08 % respectively of the post- issue paid-up equity share capital of the company.
The face value of the equity share is Rs. 10 each and the issue price is Rs. 96/-
Anchor investor issue price Rs: Rs.96/- per equity share
The issue price is 9.6 times of the face value of the equity share.
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