IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Sunrest Lifescience Ltd
Sunrest Lifescience Ltd
Registered Office : FF-41 Ajaj Tenament 6 Near Can,-al Nr Ritanagar Sta Vastal Rd,Ahmedabad Gujarat 382415 Phone : +91-079 29918245
Fax :
Email : info@sunrestlifescience.com
Website : www.sunrestlifescience.com
Initial public issue of upto 12,91,200 equity shares of face value of Rs. 10.00 each of Sunrest Lifescience Limited (the "Company" or the "Issuer") for cash at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share (the "Issue Price") aggregating to Rs. 10.85 crores ("The Issue"), of which 65,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share aggregating to Rs. 0.55 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12,25,600 equity shares of face value of Rs. 10.00 each at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share aggregating to Rs. 10.30 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.09 % and 28.56% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is Rs. 84/- the issue price is 8.4 times of the face value.
Opens On
Closes On
07-Nov-2023
09-Nov-2023
Application
Allotment
84.00
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)
9.95
10.85
4.29
84.00
Mark Corporate Advisors Pvt Ltd
- Meeting working capital requirements
- General corporare purposes
- Nikhilkumar Y Thakkar
- Ambitbhai Shambhulal Thakkar
- Bhagyesh Kirtibhai Parekh
- NSE - SME
- Skyline Financial Services Pvt