Surani Steel Tubes Ltd RHP
Registered Office : SNo110 & 115 Sampa Tal-Dahegam , Opp Vinayak TMT Bayad Road , Gandhinagar - 382315 , Gujarat , India.
Phone : 91-9825515372 Fax :
Email :cs@suranisteel.com Website : www.suranisteel.com
Initial public offer consisiting of fresh issue of 24,84,000* equity shares of face value of Rs. 10 each fully paid for cash at a price of Rs. 52 per equity share (the issue price) (including a share premium of Rs. 42 per equity share) aggregating up to Rs. 12.92** Crores (the issue) of which 1,26,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 52 per equity share, aggregating Rs. 0.66 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 23,58,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 52 per equity share, aggregating Rs. 12.26 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 29.99% and 28.46%, respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.52 and is 5.20 times the face value of the equity share.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
1/25/2019 12:00:00 AM | 1/29/2019 12:00:00 AM | Rs 52 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 12.92 | Pantomath Capital Advisors Pvt Ltd |
Project Financed through Current Offer | 12.92 | |
Post Issue Equity Share Capital | 12.92 | |
Issue Price | Rs. 52 |
Projects |
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Funding the Working Capital Requirements of the Company |
Promoted By | Listing At | Registrar to the Issue | ||||
---|---|---|---|---|---|---|
| - | Link Intime India Pvt Ltd |
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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.