IPO Issue Details
Issue Price / Price Band₹38 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size11,10,000 shares (aggregating up to ₹4.22 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 27 Dec 2016
Subscription CloseFri, 30 Dec 2016
Anchor AllotmentMon, 26 Dec 2016
Basis of AllotmentThu, 05 Jan 2017
Initiation of RefundsFri, 06 Jan 2017
Credit of Shares to DematFri, 06 Jan 2017
Listing DateMon, 09 Jan 2017
UPI Mandate Deadline2016-12-30
Application & Investment Details
Retail — Min (1 Lots)₹1,14,000 — 3,000 shares
Retail — Max (13 Lots)₹1,482,000 (13 Lots)
HNI — Min (2 Lots)₹2,28,000 — 6,000 shares
Net Offer to Public10,50,000 shares (aggregating up to ₹3.99 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.2280 Cr)
Pre-IPO Promoter Holding29,84,080 shares
Post-IPO Promoter Holding40,94,080 shares
About Prolife Industries Ltd.
Prolife Industries Ltd (PIL) is engaged in the business of manufacturing special and exclusive range of intermediates for dyes, pigments, pharmaceuticals, agrochemicals and others. The company originally founded in the year 1994 in the name of Mamta Dyes & Intermediates Private Ltd and has been in this Industry from the very inception. Company has established even its own Research & Development Department within few years of incorporation of the company. It has already succeeded in developing very high quality Specialty Chemicals as result of thorough knowledge and R & D efforts. The company has established its presence in domestic as well export market and are regularly catering to the needs of their customers in many countries including U.S.A, Spain, Switzerland, Germany, France, Taiwan, Japan, Germany, Brazil etc.
Objects of the Issue
Prolife Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Expansion of the existing manufacturing operations
4.07
2
2 General Corporate Purpose
1.00
3
3 Public Issue Expenses
0.35
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,84,080 shares
Post-IPO Promoter Holding
40,94,080 shares