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Shanti Overseas (India) Ltd

Registered Office : 215-216 Vikram Tower,1st Floor,Indore Madhya Pradesh 452001 Phone : 91-731-586/587/4020587
Fax :

Email : mail@shantioverseas.com

Website : www.shantioverseas.com

Initial public issue of 20,04,000 equity shares of face value of Rs. 10 each ("equity shares") of Shanti Overseas (India) Limited ("company" or "issuer") for cash at a price of Rs.50 per equity share (including a share premium of Rs.40 per equity share) ("issue price") aggregating to Rs.10.02 crores ("issue" ) of which 1,38,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs.50 per equity share, aggregating to Rs.0.69 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 18,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs.50 per equity share aggregating to 9.33 crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 27.07% and 25.20%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.50 each. The issue price is 5.0 times of the face value.

Issue

Opens On

Closes On

21-Jul-2017

26-Jul-2017

Money Payable On

Application

Allotment

50.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.02

7.40

50.00

Hem Securities Ltd

Projects

To purchase machineries for the proposed soyabean processing Plant at Dhannad

To make investment in subsidiary company, Shaan Agro Oils & Extractions Pvt Ltd

To meet general corporate expenses

Promoted By

Mukesh Kacholia

Ayush Kacholia

Rohan Kacholia

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd