Syrma SGS Technology Ltd IPO |
Registered Office:
Unit No 601 6th Floor,Flora Deck Plaza Andheri(East)
,
Mumbai
-
400093
,
Maharashtra
, India.
Phone :
91-22-40363000 Fax:
Email : compliance@syrmasgs.com
Website : www.syrmasgs.com
|
| Initial public offering of 38,187,541* equity shares of face value of (Rs)10 each ("Equity Shares") of the company ("The Company" or the "Issuer") for cash at a price of (Rs)220 per equity share (including a premium of (Rs)210 per equity share) ("Offer Price") aggregating to (Rs)840.13 crores*. The offer comprises of a fresh issue of 34,818,181* equity shares aggregating to (Rs)766.00 crores ("Fresh Issue") and an offer for sale of 3,369,360 equity shares by Veena Kumari Tandon (the "Selling Shareholder", and such equity shares, "Offered Shares") aggregating to (Rs)74.13 crores* ("Offer for Sale", and together with the fresh issue, "Offer"). The offer will constitute 21.67% of the post-offer paid-up equity share capital.
The company has, in consultation with the brlms, undertaken the pre-ipo placement of 3,793,103 equity shares at a price of (Rs)290.00 per equity share (including a premium of (Rs)280.00 per equity share) aggregating to
(Rs)110.00 crores.
Offer Price (Rs)220 per share of face value of (Rs)10 each. The offer price is 22 times of face value.
* Subject to finalisation of the basis of allotment.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 12-Aug-22 |
18-Aug-22 |
(Rs)220.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :68 Further Multiples of :68 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
725.72 |
|
| Project Financed through Current Offer |
840.13 |
|
| Post Issue Equity Share Capital |
176.23 |
|
| Issue Price |
(Rs)220.00 |
|
|