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Platinum Industries Ltd

Registered Office: Unit No 201 2nd Floor Ackruti,Star MIDC Central Road AnderiE, Mumbai - 400069, Maharashtra, India.
Phone :    Fax:
Email :  cs@platinumindustriesltd.com  
Website :  www.platinumindustriesltd.com

Initial public offer of up to 13,761,225 equity shares of face value of Rs. 10 each ("Equity Shares") of Platinum Industries Limited ("Company or "Issuer") for cash at a price of Rs. 171 per equity share (including a share premium of Rs. 161 per equity share) ("Issue Price") aggregating up to Rs. 235.32 crores ("Issue"). The issue shall constitute 25.05% of the fully-diluted post-issue paid-up equity share capital of the company. The company, in consultation with the brlm, has allotted a pre-ipo placement of 910,700 equity shares by way of a private placement at an issue price of Rs. 157 per equity share (including a premium of Rs. 147 per equity share) for an aggregate consideration of Rs. 14.30 crores. Accordingly, the size of the issue has been reduced by 910,700 equity shares. The investors that have subscribed to the equity shares of the company pursuant to the pre-ipo placement have been informed that there is no guarantee that the issue may come through or the listing may happen and accordingly, the investment was done by the relevant investors solely at their own risk. The face value of equity shares is Rs. 10 each. The issue price is 17.1 times the face value of the equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
27-Feb-24 29-Feb-24 171.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 87   Further Multiples of : 87
  Rs(Cr.) Lead Managers to the Issue
Project Cost 211.83 Unistone Capital Pvt Ltd
Project Financed through Current Offer 235.32  
Post Issue Equity Share Capital 54.93  
Issue Price 171.00  

Project

  • Investment in PSEL for financing its capital expenditure requirements in relation to the setting up of the proposed facility 1
  • Funding of capital expenditure requirements of the company towards setting up of the proposed facility 2
  • Funding working capital requirements of the company
  • General corporate purposes

Promoted By

Krishna Dushyant Rana

Parul Krishna Rana

Listing At

BSE

NSE

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.