Support

Shelter Pharma Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Shelter Pharma Ltd IPO

Registered Office: Shelter Nagar,Near S T Bus Stand , Himmatnagar - 383001 , Gujarat , India.
Phone : 91-0277-2296038   Fax:
Email :  info@shelter.co.in  
Website :  www.shelter.co.in
Public issue of 38,16,000 equity shares of face value of (Rs)10.00 each ("Equity Shares") of Shelter Pharma Limited (the "Company" or the "Issuer") for cash at a price of (Rs)42.00 per equity share including a share premium of (Rs)32.00 per equity share (the "Issue Price") aggregating to (Rs)16.03 crores ("The Issue") of which 1,92,000 equity shares of face value of (Rs)10.00 each for cash at a price of (Rs)42.00 per equity share including a share premium of (Rs)32.00 per equity share aggregating to (Rs)0.81 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 36,24,000 equity shares of face value of (Rs)10.00 each at a price of (Rs)42.00 per equity share including a share premium of (Rs)32.00 per equity share aggregating to (Rs)15.22 crores (the "Net Issue"). The issue and the net issue will constitute 33.01% and 31.35% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10.00 and the issue price is 4.2 times of the face value of the equity shares. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Aug-23 14-Aug-23 (Rs)42.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.88
Gretex Corporate Services Ltd
Project Financed through Current Offer 16.03  
Post Issue Equity Share Capital 11.56  
Issue Price (Rs)42.00  
 
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Mustaqim Nisarahmed Sabugar  
Shakil Nisarhmed Sabugar  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd