Shanti Spintex Ltd IPO |
Registered Office:
Sub Plot I Survey # 297 Dholi-,Integrated.Spi.Park Ltd Dholka
,
Ahmedabad
-
382240
,
Gujarat
, India.
Phone :
+91-98258 01039 Fax:
Email : info@shantispintex.com
Website : www.shantispintex.com
|
| Initial public offer of upto 44,64,000 equity shares of face value of
(Rs)10/- each (the "Equity Shares") of Shanti Spintex Limited ("The Company" or "SSL" or "The Offerr") at an offer price of (Rs)70/- per equity share for cash, aggregating up to (Rs)31.25 crores ("Public Offer") comprising of a fresh issue of upto 26,88,000 equity shares aggregating to (Rs)18.82 crores (the "Fresh Issue") and an offer for sale of upto 17,76,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to (Rs)12.43 crores comprising; up to 10,84,000 equity shares aggregating upto (Rs)7.59 crores by Vineeta V. Chiripal and upto 6,92,000 equity shares aggregating up to
(Rs)4.84 crores by Chiripal Exim llp (collectively refferd as "Selling Shareholders") out of which 2,24,000 equity shares of face value of (Rs)10 each, at an offer price of (Rs)70/- per equity share for cash, aggregating
(Rs)1.57 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 42,40,000 equity shares of face value of (Rs)10 each, at an offer price of (Rs)70/- per equity share for cash, aggregating upto (Rs)29.68 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.43% and 25.11% respectively of the post-offer paid-up equity share capital of the company.
*Subject to finalization of basis of allotment
The face value of the equity shares is (Rs)10/- each. the issue price is 7.00 times with the face value of the equity shares. The anchor investor issue price is (Rs)70 per equity share.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 19-Dec-23 |
21-Dec-23 |
(Rs)70.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
17.56 |
|
| Project Financed through Current Offer |
31.25 |
|
| Post Issue Equity Share Capital |
16.88 |
|
| Issue Price |
(Rs)70.00 |
|
|