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Shradha Infraprojects Ltd
Shradha Infraprojects Ltd
Registered Office : Shradha House Kingsway BlockNo,F/8 Near Shri Mohini Complex,Nagpur Maharashtra 440001 Phone : 91-712-6617181
Fax : 91-712-6630782
Email : shradhainfra@gmail.com
Website : www.shradhainfra.in
Public issue of 27,04,000 equity shares of Rs. 10 each ("equity shares") of Shradha Infraprojects (Nagpur) Limited ("SINL" or the "company") for cash at a price of Rs. 70 per share (the "issue price"), aggregating to Rs. 18.93 Crores ("the issue"), Consisting of fresh issue of 21,32,000 equity shares aggregating to Rs. 14.92 Crores and an offer for sale of 5,72,000 equity shares by the selling shareholder aggregating to Rs. 4.01 Crores ("offer for sale"), of which 1,44,000 equity shares of Rs. 10 each 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. Issue of 25,60,000 equity shares of Rs.10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.04% and 26.55%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is Rs. 70 The issue price is 7.0 times of the face value.
Opens On
Closes On
27-Nov-2017
30-Nov-2017
Application
Allotment
70.00
0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
14.92
18.93
9.64
70.00
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