Commercial Syn Bags Ltd - Prospectus Synopsis

Commercial Syn Bags Ltd RHP

Registered Office : Commercial House , 3-4 Jaora Compound M Y H Road , Indore - 452001 , Madhya Pradesh , India.

Phone : 91-731-4279525/26  Fax : 91-731-2704210

Email : investors@comsyn.com    Website : www.comsyn.com

Public issue of 31,92,000 equity shares of face value of Rs. 10 each (Equity shares) of commercial Syn Bags Limited (The Company or the Issuer) for cash at a price of Rs. 24 per equity share (the issue price) (including a share premium of Rs. 14 per equity share) aggregating Rs. 7.66 Crores (The issue), of which 1,68,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share, aggregating Rs. 0.40 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 30,24,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 24 per equity share, aggregating Rs. 7.26 Crores is hereinafter refered to as the Net issue. The issue and the net issue will constitute 27.01% and 25.59% respectively of the 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. 24 is 2.4 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-2016 05-Jul-2016 Rs 24 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 7.16 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 7.66  
Post Issue Equity Share Capital 11.82  
Issue Price Rs. 24  
Projects
Repayment of Secured and Unsecured Loan
Promoted By Listing At Registrar to the Issue
Anil Choudhary
Mohanlal Choudhary
Super Sack Pvt Ltd
BSE - SME Bigshare Services Pvt Ltd
 

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