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Satol Chemicals Ltd

Registered Office : #.102 1st Flr Shreemad Gokul-,Apartments CHS Ltd Borivali W,Mumbai Maharashtra 400092 Phone : +91 70459 91153
Fax :

Email : cs@satol.net

Website : https://www.satol.net

Initial public offer of up to 42,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Satol Chemicals Limited (the "company" or the "Issuer") for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the "Issue Price"), aggregating to Rs. 30.24 crores ("the Issue"), of which 2,11,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 1.52 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 39,88,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 28.72 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.35 % and 25.98 % respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. The minimum lot size is 1,600 equity shares.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

72.00

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)

27.16

30.24

15.36

72.00

Finshore Management Services Ltd

Projects

Part funding capital expenditure towards setting up new manufacturing facility

General corporate expenses

Promoted By

Bhavesh Thakarshibhai Parsana

Mayuri Bhavesh Parsana

Listing At

BSE - SME

Registrar to the Issue

KFin Techologies Ltd