South West Pinnacle Exploration Ltd - Prospectus Synopsis

South West Pinnacle Exploration Ltd RHP

Registered Office : Siddhartha House 4th Floor , Plot No. 6 Sector - 44 , Gurgaon - 122003 , Haryana , India.

Phone : 91-124-4235400  Fax : 91-124-4235402

Email : investors@southwestpinnacle.com    Website : www.southwestpinnacle.com

Initial public offer consisting of fresh issue of 45,96,800 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 78 Per equity share (the issue price) (including a share premium of Rs. 68 Per equity share) aggregating up to Rs. 35.86 crores (the issue), of which 2,35,200 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 1.83 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 80,000 Equity shares of Rs. 10/- each for cash at price of Rs. 78 Per equity share aggregating Rs. 0.62 crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 42,81,600 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 33.40 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 32.95% and 30.69% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.78 and is 7.8 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Feb-2018 08-Feb-2018 Rs 78 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 36.28 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 35.86  
Post Issue Equity Share Capital 13.95  
Issue Price Rs. 78  
Projects
Repayment / Prepayment of certain unsecured borrowings availed by the company
Promoted By Listing At Registrar to the Issue
Piyush Jain
Vikas Jain
NSE - SME Link Intime India Pvt Ltd
 

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