Polycab India Ltd.
 
Polycab House, 771, Mogul Lane, Mahim (West), Mumbai, Maharashtra - 400016
Phone: 24327074 Fax: 24327075

Public Issue of 42778934 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 528.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
05/04/201909/04/2019538.00 -
Lead Managers Registrar Listed at
AXIS CAPITAL LTD.
CITIGROUP GLOBAL MARKETS INDIA PRIVATE LIMITED
EDELWEISS FINANCIAL SERVICES LTD.
IIFL HOLDINGS LIMITED
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
YES SECURITIES (INDIA) LTD.
Karvy Fintech Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
NSE
Object of the issue

The Offer comprises of the Fresh Issue and the Offer for Sale.

Offer for Sale

Each of the Selling Shareholders will be entitled to the respective proportion of the proceeds of the Offer for Sale net of their
proportion of Offer related expenses. the Company shall not receive any proceeds from the Offer for Sale. Except for listing
fees and expense on account of corporate advertisements of the Company, which shall be solely borne by the Company, all
expenses in relation to the Offer will be shared, upon successful completion of the Offer, amongst the Company and the Selling Shareholders on a pro-rata basis, in proportion to the Equity Shares being offered and sold by them respectively, pursuant to the Offer. However, in the event that the Offer is withdrawn or not completed for any reason whatsoever, all the Offer related expenses will be borne by the Company. Further, for ease of operations, expenses of the Selling Shareholders may at the outset be borne by the Company and each Selling Shareholder shall reimburse the Company for expenses incurred by the Company on behalf of such Selling Shareholder, in relation to the Offer, upon successful completion of the Offer in the manner as prescribed under applicable law and agreed amongst the Company and the Selling Shareholders.

Fresh Issue

The Net Proceeds from the Fresh Issue are proposed to be utilised towards the following objects:

1. Scheduled repayment of all or a portion of certain borrowings availed by the Company,
2. To fund incremental working capital requirements of the Company and
3. General corporate purposes.

Promoted by

The Promoters of the Company are:

1. Inder T. Jaisinghani
2. Ajay T. Jaisinghani
3. Ramesh T. Jaisinghani
4. Girdhari T. Jaisinghani 

1. Inder T. Jaisinghani : Inder T. Jaisinghani, aged 65 years, is the Chairman and Managing Director of the Company. He has been working with the Company since its inception. He has completed his education up to secondary school certificate level. He was appointed as a Chairman and Director of the Company on December 20, 1997 and was subsequently reappointed as Chairman and Managing Director of the Company with effect from August 28, 2014. He has worked in different areas of Sales, Marketing, Production and other support services and has played a major role in leadership of the Company.

Driving License Number : MH0120160025645
Voter Identification Number : ZHS1639293


2. Ajay T. Jaisinghani : Ajay T. Jaisinghani, aged 67 years, is a Whole-Time Director of the Company. He has completed his education up to secondary school certificate level. He was appointed as a Director of the Company on September 11, 2006 and was subsequently reappointed as the Whole-Time Director of the Company with effect from August 28, 2014. He has worked in different areas of Sales, Marketing, Production and other support services and has played a major role in leadership of the Company.

Voter Identification Number : MT/06/033/168017 


3. Ramesh T. Jaisinghani : Ramesh T. Jaisinghani, aged 62 years, is a Whole-Time Director of the Company. He has been working with the Company since its inception as a director. He has completed his education up to secondary school certificate level. He was subsequently reappointed as a Whole-Time Director of the Company with effect from August 28, 2014. He has worked in different areas of Sales, Marketing, Production and other support services and has played a major role in leadership of the Company.

Driving License Number : MH0220100093297
Voter Identification Number : ROL3751195


4. Girdhari T. Jaisinghani : Girdhari T. Jaisinghani, aged 73 years, is a Promoter of the Company. He resides at 801/802, Morning Glory, Plot No. 223/224, St. Andrews Road, Bandra (West), Mumbai 400 050 and has passed the intermediate examination in science from the University of Bombay. In the past, he has been involved in managing the family business at the electrical shop named Sind Electricals in Mumbai from 1968 until 1996. He holds directorship in Microcab Industries and Logistics Private Limited and is a karta in Girdhari T. Jaisinghani HUF.

Driving License Number : MH020080132803
Voter Identification Number : FLN0904763