Sagar Diamonds Ltd - Prospectus Synopsis

Sagar Diamonds Ltd RHP

Registered Office : Unit No 101 Plot No 193 , SEZ Diamond Park Sachin , Surat - 394230 , Gujarat , India.

Phone : 91-261-2397866  Fax :

Email : cs@sagardiamonds.com    Website : www.sagardiamonds.com

Public issue of upto 33,81,000 equity shares of face value of Rs. 10.00 each of Sagar Diamonds Limited (sagar or the company or the issuer) for cash at a price of Rs.45 per equity share including a share premium of Rs. 35 per equity share (the issue price) aggregating to Rs. 15.21 Crores (the issue), of which 1,71,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share aggregating to Rs. 0.77 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of 32,10,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 45 per equity share aggregating to Rs. 14.44 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.74% and 25.39%, respectively of the post issue paid up equity share capital of the company. Issue Price: Rs.45 per equity share. The face value of the equity share is Rs.10 each. The offer price is 4.5 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Sep-2017 18-Sep-2017 Rs 45 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 0 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 15.21  
Post Issue Equity Share Capital 12.64  
Issue Price Rs. 45  
Projects
To meet working capital requirement
Promoted By Listing At Registrar to the Issue
SG Diamonds LLP
Vaibhav Dipak Shah
BSE - SME Bigshare Services Pvt Ltd
 

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