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IPO Synopsis
IPO Synopsis
Flexituff International Ltd
Registered Office: 2nd Floor Main Building,19 R N Mukherjee Road, Kolkata - 700001, West Bengal, India.
Phone : 91-33-40053995   Fax:91-33-22312510
Email :  investors@flexituff.com  
Website :  www.flexituff.com
Public issue of 6,750,000 equity shares of face value Rs. 10 each of Flexituff International Limited ("FIL" or The "Company" or The "Issuer") for cash at price of Rs. 155/- per equity share ("Issue Price") (including a share premium of Rs. 145/- per equity share) aggregating to Rs. 104.63 crores comprising of a fresh issue of 4,500,000 equity shares of Rs. 10 each at a price of Rs. 155/- per equity share aggregating to Rs. 69.75 crores ("Fresh Issue") and an offer for sale of up to 2,250,000 equity shares of Rs. 10 each at a price of Rs. 155/- per equity share aggregating to Rs. 34.88 crores by Clearwater Capital Partners (Cyprus) Limited (The "Selling Shareholder") ("Offer for Sale"). The fresh issue and the offer for sale are together referred to as the "Issue". The issue will constitute 31.09% of the post issue paid up capital of the company. Issue price: Rs. 155/- per equity share of face value of Rs. 10/- each. The issue price is 15.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-11 05-Oct-11 155.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 40   Further Multiples of : 40
  Rs Cr Lead Managers to the Issue
Project Cost 63.27 Collins Stewart Inga Pvt Ltd
Project Financed through Current Offer 104.63  
Post Issue Equity Share Capital 21.71  
Issue Price 155.00  
Projects
Expansion of manufacturing facilities at SEZ & DTA Setting up of Dripper Project at Kashipur
Working capital requirements General corporate purposes
Promoted By
Kalani Industries Pvt Ltd
Miscellani Global Pvt Ltd
Sanovi Trading Pvt Ltd
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd
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