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graph-market IPO

Synergy Green Industries Ltd

Registered Office: 392 E Ward Assembly road,Shahupuri, Kolhapur - 416001, Maharashtra, India.
Phone : 91-0231-2658375   Fax:
Email :  info@synergygreenind.com  
Website :  www.synergygreenind.com

Initial public issue of 37,80,000 equity shares of face value of Rs.10 each ("equity shares") of Synergy Green Industries Limited ("the company" or "issuer") for cash at a price of Rs. 70.00 per equity share (including a share premium of Rs.60.00 per equity share) ("issue price") aggregating to Rs. 26.46 Crores("issue") of which 1,92,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 70.00 per equity share, aggregating to Rs. 1.34 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 35,88,000 equity shares of face value of Rs.10.00 each at an issue price of Rs.70.00 per equity share aggregating to Rs. 25.12 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 26.75% and 25.39%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10.00 each and the issue price is Rs.70.00. The issue price is 7.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-18 11-Sep-18 70.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 26.46 Swastika Investmart Ltd
Project Financed through Current Offer 26.46  
Post Issue Equity Share Capital 14.13  
Issue Price 70.00  

Projects

  • Purchase of Plant & Machinery
  • To Meet Working Capital Requirements
  • General Corporate Expenses

Promoted By

Sachin Rajendra Shirgaokar

Sohan Sanjeev Shirgaokar

Vendavagali Srinivasa Reddy

Listing At

BSE - SME

Registrar to the Issue

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