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Saakshi Medtech & Panels Ltd
Saakshi Medtech & Panels Ltd
Registered Office : Plot # EL-23 J Blcok MIDC,Industrial Area Bhosari,Pune Maharashtra 411026 Phone : +91-020 39854400
Fax :
Email : info@smtpl.co
Website : www.smtpl.co
Initial public offer of upto 46,56,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Saakshi Medtech and Panels Limited ("The Company" or "SMTPL" or "The Issuer") at an issue price of Rs. 97 per equity share for cash, aggregating up to Rs. 45.16 crores ("Public Issue") out of which 2,35,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating Rs. 2.28 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,20,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating upto Rs. 42.88 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the post-issue paid-up equity share capital of the company.
Opens On
Closes On
25-Sep-2023
27-Sep-2023
Application
Allotment
97.00
0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
40.68
45.16
17.66
97.00
Hem Securities Ltd
- Repayment in full or in part of certain of its outstanding borrowings
- Funding to meet working capital requirements
- General corporate purposes
- Aniket Vijay Latkar
- Chitra Vijay Latkar
- NSE - SME
- Bigshare Services Pvt Ltd