Shree Marutinandan Tubes Ltd |
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Registered Office: A-21 2nd Flr Amrapali Complex, S P Ring Road Bopal, Ahmedabad - 380058, Gujarat |
Phone: +91 079-29795873 |
Email: cs@shreemarutitubes.com |
Website: www.shreemarutitubes.com |
Public issue of 10,00,000 equity shares of face value of Rs. 10/- each of shree Marutinandan Tubes Limited ("Shree" or the "Company" or the "Issuer") for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share (the "Issue Price") aggregating to Rs. 14.30 crores ("The Issue"), of which 50,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 0.72 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 9,50,000 equity shares of face value of Rs. 10/- each at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 13.59 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.90% and 27.46% respectively of the post issue paid up equity share capital of the company. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
12-Jan-2024 | 16-Jan-2024 | ₹ 143.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 13.60 | Swastika Investmart Ltd |
Project Financed through Current Offer | 14.30 | |
Post Issue Equity Share Capital | 3.46 | |
Issue Price | ₹143.00 |
Projects |
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To meet incremental working capital requirements |
General corporate purposes |
Promoted By |
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Vikram Shivratan Sharma |
Bharat Shivratan Sharma |
Kusumlata Shivratan Sharma |
Listing At |
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BSE - SME |
Registrar to the Issue |
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