Starlit Power Systems Ltd - Prospectus Synopsis

Starlit Power Systems Ltd RHP

Registered Office : A-1/51 LGF , Safdarjung Enclave , New Delhi - 110029 , Delhi , India.

Phone : 91-11-26102570/46037870  Fax : 91-11-26102670

Email :    Website :

Public issue of 16,40,000 equity shares of face value of Rs. 10/- each fully paid of Starlit Power Systems Limited (SPSL or the company or the issuer) for cash at a price of Rs. 18/- per equity share (the issue price) (including a share premium of Rs. 8/- per equity share aggregating Rs. 2.95 crores (the issue) by the company, of which 88,000 equity shares of Rs. 10/- fully paid each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,52,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.82% and 25.38%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 18/-. The issue price is 1.80 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-2014 10-Oct-2014 Rs 18 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000
  Rs Cr Lead Managers to the Issue
Project Cost 2.95 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 2.95  
Post Issue Equity Share Capital 6.12  
Issue Price Rs. 18  
Working capital requirement
Promoted By Listing At Registrar to the Issue
Sachin Shridhar
Starlit Finance Ltd
BSE - SME Bigshare Services Pvt Ltd

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