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Issue Open Date
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12-Apr-24
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Issue Closing Date
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16-Apr-24
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Application Money
|
100
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Allotment Money
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Price Band
|
50
-
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Minimium Application No.
|
3000
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Issue Size (Shares)
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1260000
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Market Lot
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1
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Objective
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1. To Meet Working Capital Requirement2. General Corporate Purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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|
550260000
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|
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Qualified Institutional Buyers
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12474000
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Retail Individual Investors
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356655000
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Business Description
Our company is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes supply of biofuels, bitumen, light density oils, furnace oils etc. Our company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries. We understand the market needs and upgrade our team constantly with growing technology and market trends. We provide business solutions and services to consumers of Fuels and other alternative materials across India.
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Promoter's Holding
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|
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Total Share Capital
|
3320000
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Offered to Public
|
1260000
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Promoter's Holding (Pre-Issue)
|
96.51
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Promoter's Holding (Post-Issue)
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70.64
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Address |
,
,
Phone :
Email :
Website :
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Registrar |
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
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Listed at |
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BSE
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Lead Manager |
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Beeline Capital Advisors Pvt Ltd.
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Promoters |
Mohammad Nadeem
Naved Iqbal
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