IPO SYNOPSIS

Shree Vasu Logistics Ltd
Registered Office:
Logistics Park Ring Road No 1,Opp Jaika Automobiles,
Raipur - 492001,
Chattisgarh, India.
Initial public issue of 20,64,000 equity shares of face value of (₹) 10 each ("equity shares") of Shree Vasu Logistics Limited (the "company" or the "issuer") for cash at a price of (₹) 45 per equity share. Including a share premium of (₹) 35 per equity share (the "issue price"), aggregating (₹) 9.29 Crores ("the issue"), of which 1,08,000 equity shares of face value of (₹) 10 each for cash at a price of (₹) 45 per equity share, aggregating (₹) 0.49 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 19,56,000 equity shares of face value of (₹) 10 each for cash at a price of (₹) 45 per equity share, aggregating (₹) 8.80 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.00% and 25.59% 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 (₹) 45 is 4.5 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-May-18
25-May-18
45.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000     Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
9.29
Pantomath Capital Advisors Pvt Ltd
Project Financed
9.29
 
Post Issue
7.64
 
Issue Price
45.00
 
Projects
Funding the Working Capital requirements of the company
General Corporate Purposes
Promoted By
Atul Garg
Shree Bhushan Garg
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd