Servotech Power Systems Ltd - Prospectus Synopsis

Servotech Power Systems Ltd RHP

Registered Office : 806 8th Flr Crown Height , Hotel Crown Plaza Sec.10 Rohi. , New Delhi - 110085 , Delhi , India.

Phone : 91-11-41117657-60  Fax :

Email : servotech@servotechindia.com    Website : www.servotech.in

Public issue of 48,80,000 equity shares of face value of Rs. 10/- each fully paid up of Servotech Power Systems Limited (Servotech or the company or the issuer) for cash at a price of Rs. 31/- per equity share (the issue price) (including a share premium of Rs. 21/- per equity share aggregating Rs. 15.13 crores (the issue) by the company, of which 3,00,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation Portion). The issue less the market maker reservation portion i.e. Issue of 45,80,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the ?net issue?. The issue and the net issue will constitute 26.65% and 25.01% respectively of the post issue paid up equity share capital of the Company. The Face value of the equity shares is Rs. 10/- each The Issue price is Rs. 31/-. The Issue price is 3.10 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Aug-2017 14-Aug-2017 Rs 31 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 15.13 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 15.13  
Post Issue Equity Share Capital 18.31  
Issue Price Rs. 31  
Projects
Working capital requirements
Promoted By Listing At Registrar to the Issue
Raman Bhatia
Sarika Bhatia
NSE - SME Bigshare Services Pvt Ltd
 

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

Submit