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Shree OSFM E-Mobility Ltd

Registered Office: 104 Green Park Plot #2&3 Sec.3,Opp.Ghansoli Rly.Stn Ghansoli, New Mumbai - 400701, Maharashtra, India.
Phone : +91 22 27544431   Fax:
Email :  cs@shreeosfm.com  
Website :  www.shreeosfm.com

Initial public offering of up to 37,84,000 equity shares of Rs. 10 each ("Equity Shares") of Shree OSFM E-Mobility Limited ("OSFM" or the "Company") for cash at a price of Rs. 65 per equity share (the "Offer Price"), aggregating to Rs. 24.60 crores ("The Offer"). Of the offer, 2,00,000 equity shares aggregating to R. 1.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 35,84,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 65.00 per equity share aggregating to Rs. 23.30 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.49% and 25.09%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 65.00 is 6.50 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Dec-23 18-Dec-23 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 23.00 First Overseas Capital Ltd
Project Financed through Current Offer 24.60  
Post Issue Equity Share Capital 14.28  
Issue Price 65.00  

Projects

  • Funding additional working capital requirements
  • Purchase of passanger vehicles
  • General corporate purposes

Promoted By

Ramnath Chandar Patil

Nitin Bhagirath Shanbhag

Listing At

NSE - SME

Registrar to the Issue

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