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Initial public offer of upto 53,92,200 equity shares of face value of Rs.10/- each (the "Equity Shares") of Wiscon Industries Limited ("The company" or "Wiscon" or "The Issuer") at an offer price of Rs. 204 per equity share for cash, aggregating to Rs. 110 Crores comprising of fresh issue of 43,14,000 equity shares aggregating to Rs. 88 Crores ("Fresh Offer") and an offer for sale of 10,78,200 equity shares by Sidhant Dalmia ("Selling Shareholder") aggregating to Rs. 22 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of 3,90,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 204 per equity share for cash, aggregating to Rs. 7.96 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of 50,02,200 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 204 per equity share for cash, aggregating to Rs. 102.04 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.98% and 25.03% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 204/- per equity share of face value of Rs. 10.00 each. The floor price is 20.4 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
Sidhant Dalmia
BSE - SME
Maashitla Securities Pvt Ltd
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