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Sumax Engineering Ltd
Sumax Engineering Ltd
Registered Office : No.45 Shanthinikethan Colony,Mahendra Hills East Mareredp.,Secunderabad Telangana 500026 Phone : +91 78931 66698
Fax :
Email : compliance@sumaxindia.com
Website : www.sumaxindia.com
Initial public offering up to 53,00,000 equity shares of Rs. 10/- each ("Equity Shares")of Sumax Engineering Limited ("SEL" or the "Company" or "Issuer") for cash at a price of Rs. [*] /- per equity share (the "Offer Price"), aggregating to Rs. [*] Crores ("The Offer"), comprising a fresh offer of up to 43,00,000 equity shares aggregating to Rs. [*] Crores by the company ("Fresh Offer") and an offer for sale of up to 10,00,000 equity shares by Sudeep Mehta and Vimla Mehta ("The Selling Shareholders") aggregating to Rs. [*] Crores ("Offer For Sale") out of the offer, [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and upto 2,10,000 equity shares aggregating up to Rs. [*] Crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the market maker reservation portion and employee reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10.00/- each at an offer price of Rs. [*] /- per equity share aggregating to Rs. [*] Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. The price band will be decided by the company.
Opens On
Closes On
01-Jan-1970
01-Jan-1970
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Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0
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Project Financed through Current Offer (₹.Cr)
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GYR Capital Advisors Private Limited
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh
- Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District
- Funding working capital requirements of the company
- General corporate purposes
- Sudeep Mehta
- Smriti Mehta
- NSE - SME
- KFin Technologies Ltd
