Sanginita Chemicals Ltd |
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Registered Office: 301 3rd Floor Shalin Complex, Sector 11, Gandhi Nagar - 382011, Gujarat |
Phone: 91-79-23240270 |
Email: sanginitachemicals@yahoo.com |
Website: www.sanginitachemicals.co.in |
Public issue of 45,66,000 equity shares of Rs.10/- each of Sanginita Chemicals Ltd ("SCL" or the "Company" or the "Issuer") for cash at a price of Rs.22 per equity share including a share premium of Rs.12 per equity share (the "Issue Price") aggregating to Rs.10.05 Crores ("The Issue"), of which 2,34,000 equity shares of face value of Rs.10 each for cash at a price of Rs.22 per equity share including a share premium of Rs.12 per equity share aggregating to Rs.0.51 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The Issue les the market maker reservation portion i.e. Net issue of 43,32,000 equity shares of face value Rs.10 each cash at a price of Rs.22 per equity share aggregating to Rs.9.53 crores is herein after to as the "Net Issue". The issue and the net issue will constitute 26.44% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is 2.2 times of the face value. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
01-Mar-2017 | 03-Mar-2017 | ₹ 22.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 10.05 | Swastika Investmart Ltd |
Project Financed through Current Offer | 10.05 | |
Post Issue Equity Share Capital | 17.27 | |
Issue Price | ₹22.00 |
Projects |
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Working capital requirement |
General corporate purpose |
Promoted By |
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Sanginita Industries Pvt Ltd |
Dineshsinh Chavada |
Vijaysinh Chavda |
Listing At |
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NSE - SME |
Registrar to the Issue |
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