Shriram Properties Ltd RHP
Registered Office : Lakshmi Neela Rite Choice Cham , New No 9 Bazullah Road T Nagar , Chennai - 600017 , Tamil Nadu , India.
Phone : 91-44-4001 4410 Fax :
Email :cs.spl@shriramproperties.com Website : www.shriramproperties.com
Initial public offer of 50,873,592* equity shares of face value of Rs. 10 each (Equity Shares) of Shriram Properties Limited (Company or Issuer) for cash at a price of Rs. 118* per equity share (including a share premium of Rs. 108 per equity share) aggregating to Rs. 600.00 crores (The Offer) comprising of a fresh issue of 21,212,576* equity shares aggregating to Rs. 250.00 crores (The Fresh Issue) and an offer for sale of 29,661,016* equity shares aggregating to Rs. 350.00 crores comprising of 7,708,009* equity shares aggregating Rs. 90.95 crores by Omega TC Sabre Holdings Pte. Limited; 707,156* equity shares aggregating to Rs. 8.34 crores by Tata Capital Financial Services Limited; 7,814,083* equity shares aggregating to Rs. 92.20 crores by TPG Asia SF V Pte. Ltd.; 11,313,124* equity shares aggregating to Rs. 133.49 crores by WSI/WSQI V (XXXII) Mauritius Investors Limited (collectively, the Investor Selling Shareholders) and 2,118,644* equity shares aggregating to Rs. 25.00 crores by the other selling shareholders (as defined hereunder) (the other selling shareholders collectively with the investor selling shareholders are referred to as the Selling Shareholders and such equity shares the Offered Shares) (Offer for Sale). The offer constitutes 29.99% of the post-offer paid-up equity share capital of the company. The offer included a reservation of 280,373* equity shares, aggregating up Rs. 3.00 crores, for subscription by eligible employees (as defined herein) not exceeding 0.17% of the post-offer paid-up equity share capital (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The net offer constitutes 29.83%, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 11.8 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. #A discount of Rs. 11 per equity share was offered to eligible employees bidding in the employee reservation portion. Bids cans be made for a minimum of 125 equity and in multiple of 125 shares thereafter.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
12/8/2021 12:00:00 AM | 12/10/2021 12:00:00 AM | Rs 118 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 125 Further Multiples of : 125 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 250 | Axis Capital Ltd |
Project Financed through Current Offer | 600 | |
Post Issue Equity Share Capital | 250 | |
Issue Price | Rs. 118 |
Projects |
---|
Prepayment and or pre-payment, in full or part of certain Borrowings availed by the company, the subsidiaries, Shriprop Structure, Global Entropolis & Bengal Shriram |
Promoted By | Listing At | Registrar to the Issue | |||||
---|---|---|---|---|---|---|---|
| - | KFin Techologies Ltd |
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.