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Benara Bearings & Pistons Ltd
Registered Office:
A-3 & 4 Site B Industrial Area,Sikandra, Agra - 282007, Uttar Pradesh, India.
Website :  www.benara-phb.com
Initial public offer consisting of fresh issue of 53,16,000* equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 63 per equity share (the "issue price") (including a share premium of Rs. 53 per equity share) aggregating Rs. 33.49 Crores (the "issue"), of which 2,72,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 1.71 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion") and 76,000 equity shares of Rs. 10/- each for cash at price of Rs. 63 per equity share aggregating Rs. 0.48/ Crores will be reserved for subscription by eligible employees (the "employees reservation portion"). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 49,68,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 63/- per equity share, aggregating Rs. 31.30 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 30.02% and 28.06% respectively of the fully diluted post issue paid up equity share capital of the company. Issue Price: Rs.63 per equity share The face value of equity share is Rs.10/- each and issue price is Rs.63 is 6.30 times of the face value of equity share.
Issue
Opens On Closes On
20-Mar-18 22-Mar-18
Money Payable On
Application Allotment
63.00 0.00
Minimum Application for shares in Nos : 2000  Further Multiples of : 2000
()(Cr.) Lead Managers to the Issue
Project Cost () 30.49 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer () 33.49  
Post Issue Equity Share Capital () 17.71  
Issue Price () 63.00  
Projects
Expansion of the company by way of operating retail stores for automobile parts across the country
Funding the working capital requirements of the subsidiary BSPL
Funding the working capital requirements of the company
General corporate purpose
Promoted By
Panna Lal Jain
Vivek Benara
Listing At
BSE - SME
Registrar to the Issue