Shiv Aum Steels Ltd - Prospectus Synopsis

Shiv Aum Steels Ltd RHP

Registered Office : 515 The Summit Business Bay , Opp Cinemax Western ExpressWay , Mumbai - 400093 , Maharashtra , India.

Phone : 91-22-23727249/23717160  Fax : 91-22-23736665

Email : info@shivaumsteel.com    Website : www.shivaumsteels.com/index.php

Public Issue of 36,00,000 equity shares of Rs.10 each (equity shares) of Shiv Aum Steels Limited (sasl or the company) for cash at a price of Rs. 44 per equity share (including a share premium of Rs.34 per equity share) (the issue price), aggregating to Rs. 15.84 Crores (the issue), of which 1,92,000 equity shares of Rs.10 each at an issue price of Rs. 44 equity share aggregating to Rs.0.84 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 34,08,000 equity shares of Rs.10 each at an issue price of Rs.44 per equity shares aggregating to Rs.15 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.47% and 25.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 and the issue price is 4.40 times of the face value. Minimum Application size of 3000 equity shares and Multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-2019 23-Sep-2019 Rs 44 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 15.84 Aryaman Financial Services Ltd
Project Financed through Current Offer 15.84  
Post Issue Equity Share Capital 13.6  
Issue Price Rs. 44  
Projects
Repayment of Loans
Promoted By Listing At Registrar to the Issue
Ajay Bansal
Jatin Mehta
Sanjay Bansal
NSE - SME Skyline Financial Services Pvt
 

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