Shanti Educational Initiatives Ltd

- Guiness Corporate Advisors Pvt Ltd

Public issue of 44,00,000 equity shares of Rs. 10 each (equity shares) of Shanti Educational Initiatives Limited (SEIL or the company or the issuer) for cash at a price of Rs. 90 per share (the issue price), aggregating to Rs. 39.60 crores (the issue) consisting of an offer for sale of 36,00,000 equity shares by the selling shareholders aggregating to Rs. 32.40 crores and fresh issue of 8,00,000 equity shares aggregating to Rs. 7.20 crores, of which, 2,40,000 equity shares of Rs. 10 each 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. Issue of 41,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.33% and 25.84%, 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 of Rs. 90 is 9.0 times of the face value.

  • Issue

    • Opens On01 Jun 2016
    • Closes On06 Jun 2016
  • Money Payable On

    • Application90
    • Allotment0
  • Project Cost (Cr.)7.2
  • Post Issue Equity Share Capital (Cr.)16.1
  • Issue Price (D)90

Further Multiples of: 1600


  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Link Intime India Pvt Ltd

    A Wing 604 Mondeal Square SG Highway Prahaladnagar Ahmedabad

    Gujarat- 380015

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