|
Issue Open Date
|
20-Dec-24
|
|
Issue Closing Date
|
24-Dec-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
668
-
704
|
|
Minimium Application No.
|
21
|
|
Issue Size (Shares)
|
13098803
|
|
Market Lot
|
1
|
|
|
|
Objective
|
(i) carry out the Offer for Sale of [?] Equity Shares of face value of ? 10 each aggregating up to ? 18,116.52 million by the Promoter Selling Shareholder(ii) achieve the benefits of listingthe Equity Shares on the Stock Exchanges.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
2806887
|
1686825
|
0.600959354615986
|
Qualified Institutional Buyers
|
3742515
|
8272824
|
2.21049855511601
|
Retail Individual Investors
|
6549401
|
4659165
|
0.711387957463591
|
|
|
|
Business Description
We are a technology driven integrated supplier that develops complex engineering products and solutions for ouroriginal equipment manufacturer (“OEM”) customers. We are an independent tier 11 solution provider of axles,transmission systems and gears for the agricultural tractor and construction vehicle industries in India. We supportthe full value chain of services as a solution provider for axles, transmission systems, gears and other relatedcomponents with in-house product design manufacturing capabilities.
|
|
Promoter's Holding
|
|
Total Share Capital
|
56851538
|
|
Offered to Public
|
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
|
|
|
|
|
|
|
|
Address |
B2/ 2 M I D C Ranjangaon
Pune,
Maharashtra,
412220
Phone : 02138 662666
Email : company_secretary@carraroindia.com
Website : www.carraroindia.com
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Axis Capital Ltd. BNP Paribas Nuvama Wealth Management Ltd.
|
|
Promoters |
Carraro International S.E. Carraro S.p.A. Enrico Carraro Tomaso Carraro
|
|