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Vera Synthetic Ltd

Vera Synthetic Ltd

    Registered Office : Office No. UL-27 Pattani Plaza,Devubag Dairy Road,Bhavnagar Gujarat 364002 Phone : 91-0278-2525434
    Fax : 91-0278-2883029

    Email : info@sujlonropes.com

    Website : www.sujlonropes.com

Initial public issue of 13,35,000 equity shares of face value of Rs. 10/- each ("equity shares") of Vera Synthetic Limited (the "company" or the "issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "issue price"), aggregating Rs. 5.34. Crores ("the issue"), of which 69,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 0.28 Crores 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 12,66,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 5.06 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.05% and 25.65% respectively of the fully diluted 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 of Rs. 40/- is 4 times of the face value of the equity shares.

Issue

Opens On

Closes On

28-Mar-2018

04-Apr-2018

Money Payable On

Application

Allotment

40.00

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)

5.34

5.34

4.94

40.00

Pantomath Capital Advisors Pvt Ltd

Projects
  • Funding the working capital requirements of the company
  • General corporate purpose
Promoted By
  • Sunil Makwana
  • Nagin Makwana
Listing At
  • NSE - SME
Registrar to the Issue
  • MUFG Intime India Pvt Ltd