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Shubhlaxmi Jewel Art Ltd

Registered Office : Shop No 1 Ground Flr D&I Excel,Waghawadi Road,Bhavnagar Gujarat 364002 Phone : 91-278-2562600
Fax :

Email : cs@shubhlaxmiltd.in

Website : www.shubhlaxmiltd.in

Initial public offer consisiting fresh issue of 25,04,000 equity shares of face value of Rs. 10/- each fully paid of Shubhlaxmi Jewel Art Limited ("the issuer" or "the company") for cash at a price of Rs. 26 per equity share (including a share premium of Rs. 16 per equity share) (the "issue price") aggregating Rs. 6.51 Crores (the "issue") of which 1,28,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 0.33 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 23,76,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 26 per equity share, aggregating Rs. 6.18 Crores is hereinafter refered to as the "net issue" The issue and the net issue will constitute 30.15% and 28.61%, 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. 26 is 2.6 times of the face value of the equity shares.

Issue

Opens On

Closes On

22-Nov-2018

27-Nov-2018

Money Payable On

Application

Allotment

26.00

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)

6.51

8.30

26.00

Pantomath Capital Advisors Pvt Ltd

Projects

Funding the Working Capital Requirements of the Company

General Corporate Purposes

Promoted By

Narendrasinh Chauhan

Jitendrakumar Chauhan

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd