Sarthak Metals Ltd - Prospectus Synopsis

Sarthak Metals Ltd RHP

Registered Office : BBC Colony GE Road , Khursipar , Bhilai - 490011 , Chattisgarh , India.

Phone : 91-788-3290584/2296495  Fax : 91-788-2225874

Email :    Website :

Public offer of 36,36,000 equity shares of face value of Rs. 10.00 each of Sarthak Metals Limited (the company or SML) for cash at a price of Rs. 30.00 per equity share (including a share premium of Rs. 20.00 per equity share) (offer price) aggregating to Rs. 10.91 crores (the offer) consisting of a fresh issue of 16,00,000 equity shares aggregating to Rs. 4.80 crores (the fresh issue) and an offer for sale of 20,36,000 equity shares by the selling shareholders aggregating to Rs. 6.11 crores (offer for sale) and together with the fresh issue (the offer) of which, 1,96,000 equity shares aggregating to Rs. 0.59 crores will be reserved for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 34,40,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 30.00 per equity share aggregating to Rs. 10.32 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.56% and 25.13%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price of Rs. 30.00/- is 3.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Mar-2017 17-Mar-2017 Rs 30 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 4.8 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 10.91  
Post Issue Equity Share Capital 13.69  
Issue Price Rs. 30  
To part repayment of existing working capital fac.
Promoted By Listing At Registrar to the Issue
Anoop Kumar Bansal
Kishore Kumar Bansal
Manoj Kumar Bansal
BSE - SME Bigshare Services Pvt Ltd

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