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Shreenath Paper Products Ltd
Shreenath Paper Products Ltd
Registered Office : Shop.5 Plot No.136 N-1 Masco-,Corner Api Road Cidco,Aurangabad. Maharashtra 431003 Phone : +91 0240 2489 888
Fax :
Email : info@shreenathpaper.com
Website : www.shreenathpaper.com
Initial public issue of upto 53,10,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Shreenath Paper Products Limited ("The Company" or the "Issuer") for cash at a price of Rs. 44 per equity share (including a securities premium of Rs. 34 per equity share) ("Issue Price"), aggregating up to Rs. 23.36 crores (the "Issue"). 2,82,000 equity shares aggregating to Rs. 1.24 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 50,28,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 44 per equity share aggregating to Rs. 22.12 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.02 % and 25.58 % 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 4.4 times of the face value.
Opens On
Closes On
25-Feb-2025
28-Feb-2025
Application
Allotment
44.00
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)
20.87
23.36
19.65
44.00
Galactico Corporate Services Ltd
- Meeting incremental working capital requirements
- General corporate purposes
- Alok Parekh
- Ronak Parekh
- Navneetdas Parekh
- BSE - SME
- Bigshare Services Pvt Ltd