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IPO Synopsis  
Deep Polymers Ltd
Registered Office: [ Block No 727 B/H Bhavi Indust. , Rakanpur(Santej) Tal Kalol Dis , Gandhinagar - 380060 , Gujarat , India.
                                  Phone:91-2764-286032   Fax:
                                  Email: cs@deeppolymers@gmail.com  
                                  Website: www.deeppoly.com
Public offer of 38,10,000 equity shares of Rs10/- each ("equity shares") of Deep Polymers Limited ("dpl" or the "company") for cash at a price of Rs40 per share (the "offer price"), aggregating to Rs15.24 Crores ("the offer") consisting of fresh issue of 13,60,000 equity shares aggregating to Rs5.44 Crores and an offer for sale of 24,50,000 equity shares by the selling shareholder aggregating to Rs9.80 Crores ("offer for sale"), of which upto 1,92,000 equity shares of Rs10/- each will be reserved for subscription by market makers to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of 36,18,000 equity shares of Rs10/- each is hereinafter referred to as the "net offer". The offer and the net offer will constitute 32.09% and 30.47%, respectively of the post offer paid up equity share capital of the company. The face value of equity shares is 10 each and the offer price of 40.00 is 4 time of the face value.
 
Issue Money Payable On
Opens On Closes On Application Allotment
08-Aug-18 13-Aug-18 Rs 40.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
  Rs Cr Lead Managers to the Issue
Project Cost 5.44 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 15.24  
Post Issue Equity Share Capital 11.87  
Issue Price Rs.40.00  
 
Projects
To Meet Working Capital Requirements  General Corporate Purposes 
 
Promoted By
Rameshbhai Bhimjibhai Patel 
Rameshbhai Bhimjibhai Patel 
Listing At
BSE - SME 
BSE - SME 
Registrar to the Issue
No Data Found.
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