Solex Energy Ltd

- Swastika Investmart Ltd

Initial public issue of 13,80,000 equity shares of face value of Rs. 10 each (equity shares) of Solex Energy Limited (The Company or Issuer) for cash at a price of Rs. 52.00 per equity share (including a share premium of Rs. 42.00 per equity share) (Issue Price) aggregating to Rs. 7.18 crores (issue) of which 72,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 52.00 per equity share, aggregating to Rs. 0.37 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 13,08,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 52.00 per equity share aggregating to Rs. 6.80 crores (The Net Issue). The issue and the net issue will constitute 27.94% and 26.48%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 52.00. The issue price is 5.2 times of the face value.

  • Issue

    • Opens On22 Jan 2018
    • Closes On25 Jan 2018
  • Money Payable On

    • Application52
    • Allotment0
  • Project Cost (Cr.)7.18
  • Post Issue Equity Share Capital (Cr.)4.94
  • Issue Price (D)52

Further Multiples of: 2000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Skyline Financial Services Pvt

    Plot No. 131/A Phase 1 GIDC Vithal Udyognagar Anand

    Gujarat- 388121

    Phone - 91-2692-230317

    Fax - 91-2692-231216

    Email - info@solex.in

    Website - www.solex.in

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