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Shree Ganesh Remedies Ltd

Registered Office: Plot No 6011,GIDC, Ankleshwar - 393002, Gujarat, India.
Phone : 91-2646-227777   Fax:91-2646-226422
Email :  investors@ganeshremedies.com  
Website :  www.ganeshremedies.com

Public issue of 23,76,000 equity shares of face value of Rs. 10/- each ("equity shares") of Shree Ganesh Remedies Limited ("the company" or the "issuer") for cash at a price of Rs. 36/- per equity share, including a premuim of Rs 26/- per equity share (the "issue price"), aggregating Rs. 8.55 Crores ("the issue"), of which 1,26,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 36/- each aggregating to 0.45 Crores Will be reserved for subscription by market maker to the issue (the "market maker reservation Portion"). The issue less market maker reservation portion i.e. Issue of 22,50,000 equity shares of face Value of Rs. 10 each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 8.10 Crores is Hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.48% and 25.08%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price Rs 36 is 3.60 times of the face value of the Equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-17 05-Oct-17 36.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 8.55 Fedex Securities Ltd
Project Financed through Current Offer 8.55  
Post Issue Equity Share Capital 8.97  
Issue Price 36.00  

Projects

  • Setting up a new Choloro compound derivative manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat
  • General corporate purposes

Promoted By

Chandubhai Kothia

Hasmukh Kothia

Ashokkumar Kothia

Listing At

BSE - SME

Registrar to the Issue

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