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Sarveshwar Foods Ltd

Sarveshwar Foods Ltd

    Registered Office : Sarveshwar House,Below Gummat,Jammu Jammu & Kashmir 180001 Phone : 91-191-2483981/2481954
    Fax :

    Email : investorrelations@sarveshwarrice.com

    Website : www.sarveshwarfoods.com

Public issue of upto 64,67,200 equity shares of face value of Rs. 10 each ("equity shares") of Sarveshwar Foods Limited ("company" or "issuer") for cash at a price of Rs. 85 per equity share (including a share premium of Rs. 75 per equity share) aggregating up to Rs. 54.97 crores. The issue comprises of upto 3,24,800 equity shares of face value Rs. 10 each for cash at a price of Rs. 85 per equity share, aggregating up to Rs. 2.76 crores which will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 61,42,400 equity shares of face value of Rs. 10 each for cash at a price of Rs. 85 per equity share, aggregating up to Rs. 52.21 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.32% and 25% respectively of the post issue paid-up equity share capital of the company. Issue Price: Rs.85 per equity share. The face value of equity share is Rs.10 each and issue price of Rs.85 is 8.5 times of face value of equity shares.

Issue

Opens On

Closes On

05-Mar-2018

07-Mar-2018

Money Payable On

Application

Allotment

85.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

54.97

54.97

24.57

85.00

Asit C Mehta Investment Intermediates Ltd

Indian Overseas Bank

Keynote Corporate Services Ltd

Small Industrial Development Bank of India

Projects
  • Part finance the long term working capital requirement
  • Investment in the subsidiary Himalayan Bio Organics Pvt Ltd
  • General corporate purpose
Promoted By
  • Rohit Gupta
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd