Sadhav Shipping Ltd IPO |
Registered Office:
521 5th Flr Loha Bhavan,P D Mello Road Masjit (East)
,
Mumbai
-
400009
,
Maharashtra
, India.
Phone :
+91-22-4000 3355 Fax:
Email : cs@sadhav.com
Website : www.sadhavshipping.com
|
| Initial public offer of upto 40,18,800 equity shares of face value of (Rs)10 each ("Equity Shares") of Sadhav Shipping Limited (the "Company" or "SSL" or "The Issuer") for cash at a price of (Rs)95 per share (including a share premium of (Rs)85 per equity share) (the "Issue Price"), aggregating to
(Rs)38.18 crores ("The Issue"), of which upto 2,02,800 equity shares of
(Rs)10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 38,16,000 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.00% and 26.59%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs)10 and the issue price is 9.5 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Feb-24 |
27-Feb-24 |
(Rs)95.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
36.00 |
|
| Project Financed through Current Offer |
38.18 |
|
| Post Issue Equity Share Capital |
14.35 |
|
| Issue Price |
(Rs)95.00 |
|
|