Market & News

graph-market IPO

Sintercom India Ltd

Registered Office: Gat No. 127 At Post Mangrul,Taluka Maval Talegaon Dabhade, Pune - 410507, Maharashtra, India.
Phone : 91-2114-661200   Fax:91-2114-661202
Email :  investor@sintercom.co.in  
Website :  www.sintercom.co.in

Initial public offer of upto 65,46,000 equity shares of face value of Rs. 10/- each ("equity shares") of Sintercom India Limited ("company" or "issuer") for cash at a price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share) aggregating upto Rs. 42.55 crores (the "offer") consisting of a fresh issue of 30,16,000 equity shares agregating upto Rs. 42.55 crores ("fresh issue") and an offer for sale of upto 35,30,000 equity shares including up to 10,31,213 equity shares by Victora Stock-Invest Private Limited and upto 24,98,787 equity shares by Maurill Industries Limited ("the selling shareholders") aggregating upto Rs. 22.95 crores ("offer for sale"). The offer includes a reservation of upto 50,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating to Rs. 0.33 crores for subscription by eligible employees ("employee reservation portion") and reservation of upto 3,34,000 equity shares of face value Rs. 10/- each at a price of Rs. 65 per equity share aggregating Rs. 2.17 crores for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less employee reservation portion and market maker reservation portion i.e. Net offer of 61,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65/- per equity share, aggregating Rs. 40.05 crores is hereinafter refered to as the "net offer". The offer and the net offer will constitute 27.07 and 25.45% respectively of the post offer paid up equity share capital of the company. The offer price: Rs.65 per equity share of face value of Rs.10 each. The offer price is 6.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Feb-18 07-Feb-18 65.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 42.55 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 42.55  
Post Issue Equity Share Capital 24.20  
Issue Price 65.00  

Projects

  • To finance expansion of production capacity at our existing unit at Talegaon-Dabhade
  • Part repayment of secured and unsecured loan availed by the company
  • Funding the working capital requirements of the company
  • General corporate purposes

Promoted By

Jignesh Raval

BRN Industries Ltd

MIBA Sinter Holding GMBH&Co.KG

Listing At

NSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh