Support

Sri Priyanka Geo Commex 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

Sri Priyanka Geo Commex Ltd IPO

Registered Office: 7B 7th Flr Century Plaza,560-562 Anna Salai , Chennai - 600018 , Tamil Nadu , India.
Phone : 044 - 2432 3609   Fax:
Email :  cs@spgeocl.com  
Website :  www.spgeocl.com
Initial public offer of upto 44,58,000* equity shares of face value of (Rs)10/- each ("Equity Shares") of the company at an issue price of (Rs)207-212 per equity share (including a share premium of (Rs)197-202 per equity share) for cash, aggregating up to (Rs)92.28-94.51 Crores ("Public Issue") out of which 2,23,200 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)207-212 per equity share for cash, aggregating (Rs)4.62-4.73 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 42,34,800 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)207-212 per equity share for cash, aggregating up to (Rs)87.66-89.78 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.46% and 26.08% respectively of the post- issue paid-up equity share capital of the company. Price Band: (Rs)207/- to (Rs)212/- per equity share of face value of (Rs)10/- each. The floor price is 20.7 times the face value of the equity shares and cap price is 21.2 times of the face value of the equity shares. Bids can be made for a minimum of 1,200 equity share and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Jun-26 29-Jun-26 (Rs)207.00-212.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Horizon Management Private Limited
Project Financed through Current Offer 92.28  
Post Issue Equity Share Capital 16.24  
Issue Price (Rs)207.00  
 
Projects
Prepayment or repayment of certain loans availed by the CompanyInvestment in our wholly owned subsidiary Geo Min Commodities Pte. Ltd., Singapore for funding of its working capital requirements
Funding of working capital requirements of the CompanyGeneral corporate purposes
Promoted By
Venkata Sai Shiv Prasad Nuthal  
Ravi Kumar Nuthalapati  
Veera Vikram Nuthalapati  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd