Date:29-Mar-2024  Time: 1:49 PM
 
 
        
Prospectus Synopsis
Sitaram India Ltd
Registered Office: F 226 227 G 228 229 IVth Phase , RIICO Industrial Area , Bhilwara - 311001 , Rajasthan , India.
Phone:91-1482-260385/260386   Fax:91-1482-260382
Email: cs@sitaramindia.com    Website: www.sitaramindia.com
Public issue of 27,00,000 equity shares of face value of Rs. 10.00 each of Sitaram India Limited ("The company" or "the issuer") for cash at a price of Rs. 22.00 per equity share (including a share premium of Rs. 12.00 per equity share) ("issue price") aggregating to Rs. 5.94 crores ("the issue"), of which 1,44,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 22.00 per equity share, aggregating to Rs. 0.32 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 25,56,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 22.00 per equity share aggregating to Rs. 5.62 crores (the "net issue"). The issue and the net issue will Constitute 26.47% and 25.06%, 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. 22.00. The issue price is 2.20 times of the face value.


Issue Money Payable On
Opens On Closes On Application Allotment
NA NA Rs 22.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000


  Rs Cr Lead Managers to the Issue
Project Cost 5.58 Hem Securities Ltd
Project Financed through Current Offer 5.94  
Post Issue Equity Share Capital 10.20  
Issue Price Rs. 22.00  
 
Projects
 To meet working capital requirement .
Promoted By
Anil Kumar Nuwal
Jagdish Prasad Nuwal
Madhu Sudan Nuwal
Listing At
NSE - SME
Back Top
Source:Capital Market
 
 
Useful linksNSEIBSEI SEBIINSDLI NCDEXI CDSLIRBI      Careers | Feedback | Sitemap | Disclaimer | Policies | Grievances | Circulars
Sebi Reg No: NSE INB231168734(CM) INF231168734(F&O) Sebi Reg No: BSE INB011168730 INF011168730   NCDEX: Membership Code: 00774
MCX: Membership Code: 31560  Mutual Funds: ARN0843.
FMC Unique Membership Code: MCX/TCM/CORP/1106
2006-07 © Senator Securities Pvt. Ltd. All rights reserved
FMC Unique Membership Code: NCDEX/TCM/CORP/0760
Design, developed & maintained by C-MOTS Infotech(ISO 9001:2008 certified)
Content powered by capitalmarket.com