Shrenik Ltd

- Pantomath Capital Advisors Pvt Ltd

Initial public issue of 54,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Shrenik Limited (The Company ot The Issuer) for cash at a price of Rs. 40 per equity share, including a share premium of Rs. 30 per equity share (The Issue Price), aggregating Rs. 21.60 crores (The Issue), of which upto 2,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share, aggregating Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 51,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share, aggregating Rs. 20.45 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 26.47% and 25.06% respectively of the fully diluted 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 of Rs. 40 is 4 times of the face value of the equity shares.

  • Issue

    • Opens On06 Jul 2017
    • Closes On10 Jul 2017
  • Money Payable On

    • Application40
    • Allotment0
  • Project Cost (Cr.)21.6
  • Post Issue Equity Share Capital (Cr.)20.4
  • Issue Price (D)40

Further Multiples of: 3000

Projects

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

    505-508 TEN/11 Beside Mardia Plaza CG Road Ahmedabad

    Gujarat- 380009

    Phone - 91-79-26440303-0505

    Fax - 91-79-26406810

    Email - cs@shrenik.co.in

    Website - www.shrenik.co.in

    Ready to invest with us?

    Share your Name and Mobile Number with us and get started

    • +91|
    scrollToTop