| SSPN Finance Ltd |
|---|
| Registered Office: Office No 2 plot No 192, Vaintheya CHS Ltd SV Road Vile, Mumbai - 400056, Maharashtra |
| Phone: 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 "market maker 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 | ₹ 20.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 1.50 | First Overseas Capital Ltd |
| Project Financed through Current Offer | 1.50 | |
| Post Issue Equity Share Capital | 1.89 | |
| Issue Price | ₹20.00 | |
| Projects |
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| Augmenting long term working capital |
| Promoted By |
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| Chandu K Jain |
| Keshrimal B Jain |
| Chandu K Jain HUF |
| Listing At |
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| BSE - SME |
| Registrar to the Issue |
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