Sprayking Ltd - Prospectus Synopsis

Sprayking Ltd pdf Icon RHP

Registered Office : Plot No 237/B Shop No 4 , GIDC Phase II Dared , Jamnagar - 361005 , Gujarat , India.

Phone :   Fax :

Email :info@spraykingagro.com    Website : www.spraykingagro.com

Public issue of 8,88,000 equity shares of face value of Rs. 10 each (equity shares) of Sprayking Agro Equipment Limited (the company or the issuer) for cash at a price of Rs. 21 per equity share, including a share premium of Rs. 11 per equity share (the issue price), aggregating Rs. 1.86 crores (the issue), of which 48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 21 per equity share, aggregating Rs. 0.10 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 8,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 21 per equity share, aggregating Rs. 1.76 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.99% and 26.48% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 21 is 2.1 times of the face value of the equity shares.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
8/31/2016 12:00:00 AM 9/2/2016 12:00:00 AM Rs 21 - 0Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
 Rs CrLead Managers to the Issue
Project Cost 1.46 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 1.86  
Post Issue Equity Share Capital 1.46  
Issue PriceRs. 21 
Projects
Repayment of unsecured loan
Promoted ByListing AtRegistrar to the Issue
Hiteshkumar Dudhagara
Pragjibhai Patel
Ronakben Dudhagara
- Sharex Dynamic (India) Pvt Ltd