| Saakshi Medtech & Panels Ltd |
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| Registered Office: Plot # EL-23 J Blcok MIDC, Industrial Area Bhosari, Pune - 411026, Maharashtra |
| Phone: +91-020 39854400 |
| Email: info@smtpl.co |
| Website: www.smtpl.co |
| Initial public offer of upto 46,56,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Saakshi Medtech and Panels Limited ("The Company" or "SMTPL" or "The Issuer") at an issue price of Rs. 97 per equity share for cash, aggregating up to Rs. 45.16 crores ("Public Issue") out of which 2,35,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating Rs. 2.28 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,20,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating upto Rs. 42.88 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the post-issue paid-up equity share capital of the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 25-Sep-2023 | 27-Sep-2023 | ₹ 97.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 40.68 | Hem Securities Ltd |
| Project Financed through Current Offer | 45.16 | |
| Post Issue Equity Share Capital | 17.66 | |
| Issue Price | ₹97.00 | |
| Projects |
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| Repayment in full or in part of certain of its outstanding borrowings |
| Funding to meet working capital requirements |
| General corporate purposes |
| Promoted By |
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| Aniket Vijay Latkar |
| Chitra Vijay Latkar |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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