Sarveshwar Foods Ltd - Prospectus Synopsis

Sarveshwar Foods Ltd RHP

Registered Office : Sarveshwar House , Below Gummat , Jammu - 180001 , Jammu & Kashmir , India.

Phone : 91-191-2547391  Fax :

Email : investorrelations@sarveshwarrice.com    Website : www.sarveshwarrice.com

Public issue of upto 64,67,200 equity shares of face value of Rs. 10 each (equity shares) of Sarveshwar Foods Limited (company or issuer) for cash at a price of Rs. 85 per equity share (including a share premium of Rs. 75 per equity share) aggregating up to Rs. 54.97 crores. The issue comprises of upto 3,24,800 equity shares of face value Rs. 10 each for cash at a price of Rs. 85 per equity share, aggregating up to Rs. 2.76 crores which 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 upto 61,42,400 equity shares of face value of Rs. 10 each for cash at a price of Rs. 85 per equity share, aggregating up to Rs. 52.21 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.32% and 25% respectively of the post issue paid-up equity share capital of the company. Issue Price: Rs.85 per equity share. The face value of equity share is Rs.10 each and issue price of Rs.85 is 8.5 times of face value of equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Mar-2018 07-Mar-2018 Rs 85 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 54.97 Asit C Mehta Investment Intermediates Ltd
Project Financed through Current Offer 54.97  
Post Issue Equity Share Capital 24.57  
Issue Price Rs. 85  
Projects
Part finance the long term working capital requirement
Promoted By Listing At Registrar to the Issue
Rohit Gupta
NSE - SME Bigshare Services Pvt Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit