| Suich Industries Ltd |
|
Registered Office:
[
PNo 68 3rdFlr Block No 5 W E A
,
Naiwala Karol Bagh
,
New Delhi
-
110005
,
New Delhi
, India.
Phone:91-11-45607111 Fax:
Email: info@suichgroup.com
Website: www.suichgroup.com
|
| Initial public offer of 41,15,200 equity shares of face value of Rs10 each ("equity shares") of Suich Industries Limited ("company" or "issuer") for cash at a price of Rs75 per equity share (including a share premium of Rs65 per equity share) aggregating Rs30.86 Crores (the "issue"). The issue includes a reservation of 2,08,000 equity shares of face value Rs10 each at a price of Rs75 per equity share aggregating Rs1.56 Crores for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Net issue of 39,07,200 equity shares of face value of Rs10 each for cash at a price of Rs75 per equity share, aggregating Rs29.30 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 27.00% and 25.63% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs10 each.
The Issue Price is Rs75 per equity share and is 7.5 times the face value of the equity share.
|
| |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 30-May-19 |
04-Jun-19 |
Rs
75.00-0.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
|
| |
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
30.86 |
Pantomath Capital Advisors Pvt Ltd |
| Project Financed through Current Offer |
30.86 |
|
| Post Issue Equity Share Capital |
15.24 |
|
| Issue Price |
Rs.75.00
|
|
|
|
| |
|
| Projects |
|
Repayment / Pre-Payment of certain Unsecured Loans availed from banks and Financial Institutions by the company
|
Funding the Working Capital Requirements of the Company
|
|
General Corporate Purposes
| |
|
| |
|
| Promoted By |
| Gunnit Singh Allagh |
| Sanchit Singh |
|
|
| Registrar to the Issue |
| MUFG Intime India Pvt Ltd |
|
| |
|