Thursday, 29 September 2016

Forthcoming IPOs : Endurance Technologies Ltd.



Endurance Technologies Ltd.
E-92, MIDC Industrial Area, Waluj, , Aurangabad , Maharashtra - 431136
Phone: 2569737 Fax: 2551700
Public Issue of 24613024 Equity Shares of Rs 10 each for Cash at a Premium of Rs 462 per share.
Issue Open Date Issue Closing Date Application Money Allotment Money
05/10/2016 07/10/2016 472 -
Lead Managers Registrar Listed at
AXIS CAPITAL LTD.
CITIGROUP GLOBAL MARKETS INDIA PRIVATE LIMITED
Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound, , L.B.S. Marg
, Bhandup (West)
, Mumbai , Maharashtra - 400078
Phone: 61715400 Fax: 25960329
BSE, NSE
Object of the issue
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out the Offer for Sale. We believe that the listing of the Equity Shares will enhance the brand name and provide liquidity to the existing shareholders. The listing will also provide a public market for the Equity Shares in India. the Company will not receive any proceeds from the Offer and all proceeds from the Offer shall go to the Selling Shareholders.
Promoted by
The Promoter is Mr. Anurang Jain.

1. Mr. Anurang Jain : Mr. Anurang Jain is the Promoter and Managing Director of the Company. He has been associated with the Company since its incorporation as a Director and was re-appointed as Managing Director of the Company by
Board resolution dated February 25, 2016 and a shareholder resolution dated May 18, 2016. He is responsible for the overall operations of the Company. He holds a master’s degree in business administration from the University of Pittsburgh. He has over 31 years of experience in the automobile components industry.

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