IPO DETAILS : Murae Organisor Ltd.

A-1311, Sun West Bank, Ashram Road, Ashram Road P.O, Ahmedabad, Gujarat - 380060
Phone: 48402525

Public Issue of 1848000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 26.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
21/06/201926/06/201936.00 -
Lead Managers Registrar Listed at
HEM SECURITIES LTD
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 includes a fresh Issue of 18,48,000 Equity Shares of the Company at an Issue Price of Rs. 36 per Equity Share. We intend to utilize the proceeds of the Issue to meet the following objects:-

1. To meet Working Capital requirements,
2. General Corporate Purpose,
3. To meet issue expenses.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.79
WORKING CAPITAL REQUIREMENTS5.00
GENERAL CORPORATE EXPS.0.86
TOTAL COST6.65
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES6.65
TOTAL COST6.65
Promoted by

The Promoters of the Companys are :

1. Mr. Bhumishth Narendrabhai Patel
2. Mrs. Payal Bhumishth Patel


1. Mr. Bhumishth Narendrabhai Patel : Mr. Bhumishth Narendrabhai Patel is the Chairman and Managing Director of the Company. He has been on the Board since incorporation of the Company. He has completed his Bachelor of Business Administration in 2004 from Som - Lalit Institute of Business Administration, Gujarat University, Ahmedabad and Diploma in Investment & Financial Analysis from Gujarat University in 2005.He has a work experience of around 14 years of which 11 years of experience is particularly in the Pharmaceutica lindustry. He is a visionary entrepreneur and has played a pivotal role in setting up business of the Company. He currently oversees and controls the overall management of the Company. Under his guidance the Company has witnessed continuous growth. He was designated as the Chairman and Managing Director of the Company w.e.f. March 05, 2019.


PAN No. : AOEPP2107F
Driving License Number : GJ01/213552/01
Aadhar Card Number : 568114389972


2. Mrs. Payal Bhumishth Patel : Mrs. Payal Bhumishth Patel is the Whole Time Director and CFO of the Company. She has been on the Board since incorporation of the Company. She has completed her Bachelor of Arts from Hemchandracharya North Gujarat University in 2004. She has an experience of around 5years in the administration field and has been looking after the administration operations of the Company. She was designated as Whole Time Director w.e.f March 05, 2019 and also joined as CFO w.e.f. May 13, 2019.


PAN No. : ATCPP0254C
Driving License Number : GJ02/043227/08
Aadhar Card Number : 989625528068