1051, Industrial Area, Jalandhar, Punjab - 144004
Phone: 5001111 Fax: 2290611

Public Issue of 1125000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 30.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
18/09/202023/09/202040.00 -
Lead Managers Registrar Listed at
FEDEX SECURITIES PRIVATE LIMITED
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 26238299
BSE
Object of the issue

The issue comprises of fresh issue of 11,25,000 equity shares by the Company aggregating Rs 450.00 Lakhs (“Fresh Issue”).

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
1. Repayment/ Prepayment of certain secured borrowings availed by the Company,
2. General corporate purposes.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.33
Repayment of Debt3.14
GENERAL CORPORATE EXPS.1.04
TOTAL COST4.50
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES4.50
TOTAL COST4.50
Promoted by

The Promoters of the Company are :
1. Mr. Vimal Parkash Jain
2. Mr. Amit Jain

1. Mr. Vimal Parkash Jain : Vimal Parkash Jain, is a Chairman and Wholetime Director of the Company. He holds degree in Bachelor of Science in Engineering (Mechanical) from the Punjab Engineering College, Chandigarh. He is the founder of the Company and has experience of around 4 (four) decades in Valves Industry. His role in the Company is to manage production strategies.

Permanent Account Number: AALPJ8747N
Aadhar No.: 591272088088
Driving License No.: PB-0820080173144

2. Mr. Amit Jain : Amit Jain, is a Managing Director of the Company. He holds degree in Bachelor of Commerce from Guru Nanak Dev University, Amritsar. He has approximately more than Twenty (20) years of experience in Valves Industry. His roles in the Company is to manage marketing and sales strategies.

Permanent Account Number: AAMPJ2023Q
Aadhar No.: 587787767722
Driving License No.: PB-0819980032766