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Issue Open Date
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27-Feb-24
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Issue Closing Date
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29-Feb-24
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Application Money
|
100
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Allotment Money
|
|
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Price Band
|
162
-
171
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Minimium Application No.
|
87
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Issue Size (Shares)
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13761225
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Market Lot
|
1.00
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Objective
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1. Investment in our Subsidiary, Platinum Stabilizers Egypt LLC (“PSEL”) for financing its capitalexpenditure requirements in relation to the setting up of a manufacturing facility for PVC Stabilizersat SC Zone, Governorate of Suez, Egypt. (“Proposed Facility 1 (Egypt)”);2. Funding of capital expenditure requirements of our Company towards setting up of a manufacturingfacility for PVC Stabilizers at Palghar, Maharashtra, India (“Proposed Facility 2 (Palghar)”);3. Funding working capital requirements of our Company; and4. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
2064184
|
292754565
|
141.83
|
|
Qualified Institutional Buyers
|
2752375
|
415616400
|
151.00
|
|
Retail Individual Investors
|
4816429
|
245589081
|
50.99
|
|
|
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Business Description
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| We are a multi-product company engaged in the business of manufacturing stabilizers. Our business segment includes PVC stabilizers, CPVC additives and lubricants. We operate in the speciality chemicals industry. Our products find their application in PVC pipes |
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more... |
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Promoter's Holding
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Total Share Capital
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38994830
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Offered to Public
|
13761225
|
|
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Promoter's Holding (Pre-Issue)
|
94.74
|
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Promoter's Holding (Post-Issue)
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70.99
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Address |
Unit No. 841
4th Floor
Solitaire Corporate Park-8
Andheri Kurla Road
Andheri (E)
Mumbai
,
Maharashtra
,
400093
Phone:7304538055
Email:cs@platinumindustriesltd.com
Website:
www.platinumindustriesltd.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
|
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Listed at |
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BSE, NSE
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Lead Manager |
|
Unistone Capital Pvt Ltd.
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Promoters |
Krishna Dushyant Rana
Parul Krishna Rana
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