IPO SYNOPSIS

Shiva Granito Export Ltd
Registered Office:
8 Bhatt Ji Ki Baari,Udaipur Sirohi,
Udaipur - 313001,
Rajasthan, India.
Website :  www.shivaexport.in
Public Issue of 42,00,000 Equity shares of face value of (₹) 10 Each ("Equity shares") of Shiva Granito Export Ltd. (The "Company" or The "Issuer") for cash at a price of (₹) 12 per Equity share, including a share premium of (₹) 2 per equity share (The "Issue price"), aggregating (₹) 5.04 Crores ("The Issue"), of which 2,20,000 equity shares of face value (₹) 10/- each for cash at a price of (₹) 12 per equity share, aggregating (₹) 0.26 Crores will be reserved for subscriptions by the market maker to the issue (The "Market maker reservation portion"). The Isse Less market maker reservation portion I.E. Issue of 39,80,000 equity shares of face value of (₹) 10 each for cash at a price of (₹) 12 per equity share, aggregating (₹) 4.78 Crores is Hereinafter Refered to As the "Net Issue". The Issue and the net issue will Constitute 31.78% and 30.12% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (₹) 10 each and The Issue price of (₹) 12 is 1.2 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Aug-16
29-Aug-16
12.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 10000     Further Multiples of : 10000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
4.64
Pantomath Capital Advisors Pvt Ltd.
Project Financed
5.04
 
Post Issue
13.22
 
Issue Price
12.00
 
Projects
Working capital requirement
General corporate purpose
Promoted By
Suresh Upadhyay
Abishek Upadhyay
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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