Market & News

graph-market IPO

Supreme Engineering Ltd

Registered Office: R-223 MIDC Complex Rabale,Thane Belapur Road, Navi Mumbai - 400701, Maharashtra, India.
Phone : 91-22-27692232   Fax:91-22-27690341
Email :  info@supremesteels.com  
Website :  www.supremesteels.com

Public issue of 65,84,000 equity shares of face value of Rs. 10 each ("equity shares") of Supreme Engineering Limited ("company" or "issuer") for Cash at a price of Rs. 27 per equity share (including a share premium of Rs. 17 per equity share) ("offer price"), aggregating to Rs. 17.78 Crores ("the issue") consisting of fresh issue of 65,76,000 equity shares aggregating to Rs. 17.76 Crores ("fresh issue") and an offer for sale of 8,000 equity shares by Mrs. Lalita Chowdhri ("promoter selling shareholder") aggregating to Rs. 0.02 Crores ("offer for sale"). The issue comprises of 3,32,000 equity shares of face value Rs.10 each for cash at a price of Rs. 27 per equity share, aggregating to Rs. 0.90 Crores which will be Reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 62,52,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 27 per equity share, aggregating to Rs. 16.88 Crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.31% and 25.01% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is 2.7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Aug-18 29-Aug-18 27.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 17.76 CKP Financial Services Pvt Ltd
Project Financed through Current Offer 17.78  
Post Issue Equity Share Capital 25.00  
Issue Price 27.00  

Projects

  • Part Finance the Working Capital Requirements
  • Part Repayment of High Cost Debt
  • Capital Expenditure
  • General corporate purpose

Promoted By

Sanjay Chowdhri

Sanjay Chowdhri HUF

Lalita Chowdhri

Listing At

NSE - SME

Registrar to the Issue

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