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Salasar Exteriors & Contour Ltd

Registered Office : A-922/923 Corporate Avenue,Sonawala Road UN Bhuvan Gor(E),Mumbai Maharashtra 400063 Phone : 91-22-67083366
Fax :

Email : account@salasarexteriors.com

Website : www.salasarexterio.com

Public Issue of 23,60,000 Equity Shares of face value of Rs.10 each of Salasar Exteriors & Contour Limited (the "company" or the "issuer") for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share (the "issue price") aggregating to Rs. 8.50 Crores ("the issue"), of which 1,20,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 0.43 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). Theissue less the market maker reservation portion i.e. Net issue of 22,40,000 equity shares of face value of Rs. 10 each at a price of Rs. 36 per equity share aggregating to Rs. 8.07 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.66 % and 27.20% 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 3.6 times of the face value. Minimum Application Size of 3000 equity shares and in Multiples of 3000 equity shares thereafter.

Issue

Opens On

Closes On

28-Aug-2019

03-Sep-2019

Money Payable On

Application

Allotment

36.00

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)

8.50

8.23

36.00

Navigant Corporate Advisors Ltd

Projects

To Meet Working Capital Requirements

General Corporate Expenses

Promoted By

Shreekishan Joshi

Videh Shreekishan Joshi

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd