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Shree OSFM E-Mobility Ltd

Registered Office : 104 Green Park Plot #2&3 Sec.3,Opp.Ghansoli Rly.Stn Ghansoli,New Mumbai Maharashtra 400701 Phone : +91 22 27544431
Fax :

Email : cs@shreeosfm.com

Website : www.shreeosfm.com

Initial public offering of up to 37,84,000 equity shares of Rs. 10 each ("Equity Shares") of Shree OSFM E-Mobility Limited ("OSFM" or the "Company") for cash at a price of Rs. 65 per equity share (the "Offer Price"), aggregating to Rs. 24.60 crores ("The Offer"). Of the offer, 2,00,000 equity shares aggregating to R. 1.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 35,84,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 65.00 per equity share aggregating to Rs. 23.30 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.49% and 25.09%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 65.00 is 6.50 times of the face value.

Issue

Opens On

Closes On

14-Dec-2023

18-Dec-2023

Money Payable On

Application

Allotment

65.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

23.00

24.60

14.28

65.00

First Overseas Capital Ltd

Projects

Funding additional working capital requirements

Purchase of passanger vehicles

General corporate purposes

Promoted By

Ramnath Chandar Patil

Nitin Bhagirath Shanbhag

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd