Sonam Clock Ltd - Prospectus Synopsis

Sonam Clock Ltd RHP

Registered Office : Survey No 337/P Taluka Tankara , Morbi Rajkot Highway , Morbi - 363641 , Gujarat , India.

Phone : 91-2822-285017  Fax : 91-2822-285987

Email : info@sonamquartz.com    Website : www.sonamquartz.com

Initial public issue of 28,08,000 equity shares of face value of Rs. 10 each (equity shares) of Sonam Clock Limited (company or issuer) for cash at a price of 36 per equity share (including a share premium of 26 per equity share) (issue price) aggregating to 10.11 Crores (issue ) of which 1,44,000 equity shares of face value of Rs. 10.00 each for a cash price of 36 per equity share, aggregating to 0.52 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 26,64,000 equity shares of face value of Rs. 10.00 each at an issue price of 36 per equity share aggregating to 9.59 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 28.06% and 26.62%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 36. The issue price is 3.6 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
01-Jun-2018 06-Jun-2018 Rs 36 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 10.11 Hem Securites Ltd
Project Financed through Current Offer 10.11  
Post Issue Equity Share Capital 10.01  
Issue Price Rs. 36  
Projects
Funding the Working Capital Requirements of the company
Promoted By Listing At Registrar to the Issue
Deepaben Jayeshbhai Shah
Jayeshbhai Chhabildas Shah
NSE - SME Bigshare Services Pvt Ltd
 

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