Shanti Overseas (India) Ltd - Prospectus Synopsis

Shanti Overseas (India) Ltd RHP

Registered Office : 215-216 Vikram Tower , 1st Floor , Indore - 452001 , Madhya Pradesh , India.

Phone : 91-731-586/587/4020587  Fax :

Email : mail@shantioverseas.com    Website : www.shantioverseas.com

Initial public issue of 20,04,000 equity shares of face value of Rs. 10 each (equity shares) of Shanti Overseas (India) Limited (company or issuer) for cash at a price of Rs.50 per equity share (including a share premium of Rs.40 per equity share) (issue price) aggregating to Rs.10.02 crores (issue ) of which 1,38,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs.50 per equity share, aggregating to Rs.0.69 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 18,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs.50 per equity share aggregating to 9.33 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 27.07% and 25.20%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.50 each. The issue price is 5.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Jul-2017 26-Jul-2017 Rs 50 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 10.02 Hem Securities Ltd
Project Financed through Current Offer 10.02  
Post Issue Equity Share Capital 7.4  
Issue Price Rs. 50  
Projects
To purchase machineries for the proposed soyabean processing Plant at Dhannad
Promoted By Listing At Registrar to the Issue
Ayush Kacholia
Mukesh Kacholia
Rohan Kacholia
NSE - SME Link Intime India Pvt Ltd
 

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