Sanghvi Brands Ltd |
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Registered Office: Sanghvi House, 105/2 Shivajinagar, Pune - 411005, Maharashtra |
Phone: 91-20-30533084 |
Email: investor@sanghvibrands.com |
Website: www.sanghvibrands.com |
Public issue of 27,48,000 equity shares of face value of Rs. 10/- each fully paid of Sanghvi Brands Limited ("Sanghvi" or the "company" or the "issuer") for cash at a price of Rs. 69/- per equity share (the "issue price") (including a share premium of Rs. 59/- per equity share aggregating Rs. 18.96 Crores (the "issue") by the Company, of which 1,40,000 equity shares of face value of Rs.10/-each fully paid up 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 26,08,000 equity shares of face value of Rs.10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.38% and 25.04% 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. 69/- The issue price is 6.90 times the face value. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
10-Nov-2017 | 14-Nov-2017 | ₹ 69.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 18.96 | Sarthi Capital Advisors Pvt Ltd |
Project Financed through Current Offer | 18.96 | |
Post Issue Equity Share Capital | 10.42 | |
Issue Price | ₹69.00 |
Projects |
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(a)Expansion outlets/distribution of current brand portfolio in India & Overseas (b)Acquisitions and development of new brands |
Marketing & Sales promotion of the brands in the portfolio |
Strategic Investments for business growth |
General Corporate Purpose |
Promoted By |
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Darpan Narendra Sanghvi |
Listing At |
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BSE - SME |
Registrar to the Issue |
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