IPO Details

Faith Industries Ltd
Registered Office: 701 Shapth 1S G Rd,,Ahmedabad-380015, Gujarat
Tel. No: +91 78740 30500
Fax No: NA
Email: investor@faithind.com
Website: https://www.faithind.com/
Initial public offer of up to 55,02,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of faith industries limited ("the Company" or "Faith" or "the Issuer") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores comprising of fresh offer of up to 44,16,000 equity shares aggregating to Rs. [*] Crores ("Fresh oOffer") and an offer for sale of up to 10,86,000 equity shares by all promoters ("Selling Shareholders") aggregating to Rs. [*] Crores ("Offer for Sale") ("Public Offer") . The offer includes a reservation of [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to [*] equity shares of face value of Rs.10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] %, respectively of the post- offer paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Smart Horizon Capital Advisors Pvt Ltd
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company and
General corporate purposes
Promoted By
Kankariya Karan Virendra
Rajeev Kankariya
Listing At
BSE - SME
Registrar To The Issue
Bigshare Services Pvt Ltd