L.P. Naval Engineering Ltd - Prospectus Synopsis

L.P. Naval Engineering Ltd RHP

Registered Office : Office Block Plot No 237/2&3 , A/25 Central Park Society GIDC , Surat - 394221 , Gujarat , India.

Phone : 91-261-2894415/16  Fax : 91-261-2894419

Email : admin@sivishipping.com    Website : www.sivishipping.com

Public issue of 27,42,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 25 per equity share (the issue price) (including a share premium of Rs. 15 per equity share) aggregating Rs. 6.86 crores (the issue) by the company, of which 11,58,000 equity shares of Rs. 10 each will be reserved for subscription by the promoter (the promoter contribution) and 1,44,000 equity shares of face value of Rs. 10/- each will be reserved for subcription by market maker to the issue (the market maker reservation portion). The issue less the promoters contribution and the market maker reservation portion i. e. Issue of 14,40,000 equity shares of face value of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 47.67% and 25.03%, respectively of the post issue paid up capital of the company. The issue price is Rs. 25 The issue price is 2.5 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
18-Feb-2014 21-Feb-2014 Rs 25 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 6.86 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.86  
Post Issue Equity Share Capital 5.75  
Issue Price Rs. 25  
Working capital requirements
Promoted By Listing At Registrar to the Issue
Manoj Kumar Sarawagi
BSE - SME Bigshare Services Pvt Ltd

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