IPO Details
Priti International Ltd.
Plot No. F-43, Basni Ist Phase,Jodhpur, Rajasthan - 342001
Phone: 2435699

Public Issue of 700800 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 65.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
11/06/201813/06/201875.00 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 40430200 Fax: 28475207
NSE
Object of the issue

REQUIREMENT OF FUNDS

The proceeds of the Issue, after deducting Issue related expenses, are estimated to be Rs.lakhs (the Net Proceeds)

We intend to utilise the Net Proceeds towards the following objects:

1. Purchase of Plant & Machinery and related civil work,
2. Funding the working capital requirements of the Company,
3. General Corporate Purposes.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.80
Purchase of Plant & Machinery0.70
WORKING CAPITAL REQUIREMENTS2.85
GENERAL CORPORATE EXPS.0.91
TOTAL COST5.26
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES5.26
TOTAL COST5.26
Promoted by

The Company has been promoted by Mr. Goverdhan Das Lohiya, Mrs. Priti Lohiya, Mr. Ritesh Lohiya, Goverdhan Das Lohiya HUF and Ritesh Lohiya HUF

1. Mr. Goverdhan Das Lohiya : his aged 69 years is the Promoter, Chairman and Director of the Company. He has been Director of the Company since incorporation. He has Completed his Bachelor of Commerce from Jodhpur University. He has an experience of more than fthe decades years in various businesses out of which more than a decade’s experience is in the handicraft industry. He has been instrumental in formulating the business strategies of the Company and is responsible
for overall decision making.

Nationality: Indian

DIN: 07787326

Passport No: J3220024

Driving License: RJ19 20150012335

Voters ID: RJ/24/184/256963

Address: C/91, Shastri Nagar, Jodhpur, -342003, Rajasthan, India

2. Mrs. Priti Lohiya : her aged 42 years is the Promoter and Managing Director of the Company. She has been Director of the company since incorporation and has been re-designated as Managing Director w.e.f. December 05, 2017. She has completed her Bachelor of Commerce from Jai Narain Vyas University, Jodhpur. She is entrusted with the responsibility of looking after Textile handicrafts business and the overall management and maintenance of customer relations of the company. She has an experience of more than a in the handicraft industry.

Nationality: Indian

DIN: 07789249

Passport No: Z2532289

Driving License: RJ19 19940051117

Voters ID: RJ24/185/420556

Address: C/91, Shastri Nagar, Jodhpur-342003, Rajasthan, India

3. Mr. Ritesh Lohiya : his aged 45 years is the Promoter, Director and Chief Financial Officer of the Company. He has been Director of the Company since incorporation and has been designated as Chief Financial Officer of the company w.e.f. December 05, 2017. He has Completed his Bachelor of Commerce from Jai Narayan Vyas University, Jodhpur. He has an experience of more than two decades in business out of which more than one decade’s experience is in handicraft industry. He looks after the wooden & metal furniture and handicraft business, Finance, Human Restheces and Administrative aspects of the company.

Nationality: Indian

DIN: 07787331

Passport No: H5079354

Driving License: RJ19 20160036009

Voters ID: RJ/24/184/256937

Address: C/91, Shastri Nagar, Jodhpur, -342003, Rajasthan, India

4. Goverdhan Das Lohiya HUF : Goverdhan Das Lohiya HUF is represented by its Karta Goverdhan Das Lohiya, who is also promoter of the company in his individual capacity. (Since Goverdhan Das Lohiya HUF was inherited by its Karta from his ancestral HUF, its date of incorporation could not be traced).

PAN: AAAHG4657H

Members: Goverdhan Das Lohiya (Karta), Leela Lohiya, Ritesh Lohiya

Address: 1, Abhay Chambers, Chopasani Road, Jodhpur (Raj.)- 342001

5. Ritesh Lohiya HUF : Ritesh Lohiya HUF was formed on July 01, 1977. It is represented by its Karta Ritesh Lohiya, who is also promoter of the company in his individual capacity.

PAN: AAFHR5847B

Members: Ritesh Lohiya (Karta), Priti Lohiya, Ritika Lohiya, Ruchika Lohiya

Address: 1, Abhay Chambers, Chopasani Road, Jodhpur (Raj.)- 342001