Shradha Infraprojects Ltd

- Aryaman Financial Services Ltd

Public issue of 27,04,000 equity shares of Rs. 10 each (equity shares) of Shradha Infraprojects (Nagpur) Limited (SINL or the company) for cash at a price of Rs. 70 per share (the issue price), aggregating to Rs. 18.93 Crores (the issue), Consisting of fresh issue of 21,32,000 equity shares aggregating to Rs. 14.92 Crores and an offer for sale of 5,72,000 equity shares by the selling shareholder aggregating to Rs. 4.01 Crores (offer for sale), of which 1,44,000 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 25,60,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.04% and 26.55%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is Rs. 70 The issue price is 7.0 times of the face value.

  • Issue

    • Opens On27 Nov 2017
    • Closes On30 Nov 2017
  • Money Payable On

    • Application70
    • Allotment0
  • Project Cost (Cr.)14.92
  • Post Issue Equity Share Capital (Cr.)9.64
  • Issue Price (D)70

Further Multiples of: 2000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    Shradha House Kingsway BlockNo F/8 Near Shri Mohini Complex Nagpur

    Maharashtra- 440001

    Phone - 91-712-6617181

    Fax - 91-712-6630782

    Email - shradhainfra@gmail.com

    Website - www.shradhainfra.in

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