Shreenath Paper Products Ltd
Registered Office:
Shop.5 Plot No.136 N-1 Masco-,Corner Api Road Cidco,
Aurangabad. - 431003,
Maharashtra, India.
Phone : +91 0240 2489 888
Fax : NA
Initial public issue of upto 53,10,000 equity shares of face value (Rs) 10/- each ("Equity Shares") of Shreenath Paper Products Limited ("The Company" or the "Issuer") for cash at a price of (Rs) 44 per equity share (including a securities premium of (Rs) 34 per equity share) ("Issue Price"), aggregating up to (Rs) 23.36 crores (the "Issue"). 2,82,000 equity shares aggregating to (Rs) 1.24 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 50,28,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 44 per equity share aggregating to (Rs) 22.12 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.02 % and 25.58 % 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 4.4 times of the face value.
| Issue |
Money Payable On |
| Opens On |
Closes On |
Allotment |
Application |
| 25-Feb-25 | 28-Feb-25 |
0.00-0.00 |
44.00-0.00 |
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
|
(Rs. in Cr) |
Lead Managers to the Issue |
| Project Cost |
20.87 |
Galactico Corporate Services Ltd |
| Project Financed |
23.36 |
|
| Post Issue |
19.65 |
|
| Issue Price |
19.65 |
|
| Projects |
|---|
|
Meeting incremental working capital requirements
General corporate purposes
|
| Promoted By |
|
Alok Parekh
Ronak Parekh
Navneetdas Parekh
|
No Data Available!!!