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1. Dilip Davda   I Like It. |Report Abuse|  Link|July 5, 2018 5:19:38 PMReply
This issue comprises of offer for sale of 610000 equity shares and 1681200 fresh equity issue, thus out of Rs. 16.50 cr. Rs. 4.39 cr. is going to selling shareholders and the balance of Rs. 12.11 crore is only available to the company for its expansion plans.Tripling of capacity will definitely bring more income going forward, but the same is already discounted in the price of the issue.