Surani Steel Tubes Ltd

Pantomath Capital Advisors Pvt Ltd

Initial public offer consisiting of fresh issue of 24,84,000* equity shares of face value of Rs. 10 each fully paid for cash at a price of Rs. 52 per equity share (the issue price) (including a share premium of Rs. 42 per equity share) aggregating up to Rs. 12.92** Crores (the issue) of which 1,26,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 52 per equity share, aggregating Rs. 0.66 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 23,58,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 52 per equity share, aggregating Rs. 12.26 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 29.99% and 28.46%, respectively of the fully diluted post issue paid up equity share capital of the company.The face value of equity shares is Rs.10 each.The issue price is Rs.52 and is 5.20 times the face value of the equity share.

  • Issue

    • Opens On25 Jan 2019
    • Closes On29 Jan 2019
  • Money Payable On

    • Application52
    • Allotment0
  • Project Cost (Cr.)12.92
  • Post Issue Equity Share Capital (Cr.)8.28
  • Issue Price (D)52

Further Multiples of: 2000

Projects

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

    SNo110 & 115 Sampa Tal-Dahegam Opp Vinayak TMT Bayad Road Gandhinagar

    Gujarat- 382315

    Phone - 91-9825515372

    Fax -

    Email - cs@suranisteel.com

    Website - www.suranisteel.com

    Ready to invest with us?

    Share your Name and Mobile Number with us and get started

    • +91|
    scrollToTop