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Servotech Renewable Power System Ltd

Registered Office : 806 8th Flr Crown Height,Hotel Crown Plaza Sec.10 Rohi.,New Delhi Delhi 110085 Phone : 91-11-41117657-60
Fax :

Email : servotech@servotechindia.com

Website : www.servotech.in

Public issue of 48,80,000 equity shares of face value of Rs. 10/- each fully paid up of Servotech Power Systems Limited ("Servotech" or the "company" or the "issuer") for cash at a price of Rs. 31/- per equity share (the "issue price") (including a share premium of Rs. 21/- per equity share aggregating Rs. 15.13 crores (the "issue") by the company, of which 3,00,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by market maker to the issue ("market maker reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 45,80,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the ônet issueö. The issue and the net issue will constitute 26.65% and 25.01% respectively of the post issue paid up equity share capital of the Company. The Face value of the equity shares is Rs. 10/- each The Issue price is Rs. 31/-. The Issue price is 3.10 times the face value.

Issue

Opens On

Closes On

09-Aug-2017

14-Aug-2017

Money Payable On

Application

Allotment

31.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

15.13

18.31

31.00

Sarthi Capital Advisors Pvt Ltd

Projects

Working capital requirements

General corporate purpose

Promoted By

Raman Bhatia

Sarika Bhatia

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd