SSPN Finance Ltd - Prospectus Synopsis

SSPN Finance Ltd RHP

Registered Office : 106 Siddhesh Apartment 2nd Kha , Thakurdwar Road Charni Road (E , Mumbai - 400004 , Maharashtra , India.

Phone : 91-22-61275138  Fax : 91-22-61275138

Email : sspnfinance@gmail.com    Website : www.sspn.co.in

Public issue of 7,50,000 equity shares of face value of Rs. 10 each (equity shares) of SSPN Finance Limited (the company or the issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the issue price), aggregating Rs. 1.50 crores (the issue), of which 42,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.08 crores will be reserved for subscription by the market makers to the issue (the marketmaker reservation portion). The issue less market maker reservation portion i.e. Issue of 7,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 1.42 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 39.62% and 37.40% respectively of the fully diluted post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Mar-2015 12-Mar-2015 Rs 20 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 1.5 First Overseas Capital Ltd
Project Financed through Current Offer 1.5  
Post Issue Equity Share Capital 1.89  
Issue Price Rs. 20  
Projects
Augmenting long term working capital
Promoted By Listing At Registrar to the Issue
Chandu K Jain
Chandu K Jain HUF
Keshrimal B Jain
BSE - SME Bigshare Services Pvt Ltd
 

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