Registered Office:
6th Milestone Newbhai-Chara Co,Chikambarpur UP Border Sahibad,
Ghaziabad -
201006,
Uttar Pradesh, India.
Phone : 91-120-64702730 Fax:
Email : info@shareindia.com
Website : www.shareindia.com
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Initial public offer of 64,32,000 equity shares of face value of (Rs)10 each ("equity shares") of share India Securities Limited ("company" or "issuer") for cash at a price of (Rs)41 per equity share (including a share premium of (Rs)31 per equity share) ("issue Price") aggregating to (Rs)26.37 ("issue" ) consisting of a fresh issue of 59,32,000 equity shares of face value of (Rs)10 each ("equity Shares") for cash at a price of (Rs)41 per equity share aggregating to (Rs)24.32 crores ("issue") and 5,00,000 equity shares of face value of (Rs)10 each ("equity shares") for cash at a price of (Rs)41 per equity share aggregating to 2.05 Crores through an offer for sale by mr.
Parveen Gupta, mr. Sachin Gupta, mr. Yashpal Gupta, mr. Rajesh Gupta, mrs. Rekha Gupta & mrs. Tripti Gupta (collectively Referred as selling shareholders including promoters) of which 3,24,000 equity shares of face value of (Rs)10.00 each for a cash Price of (Rs)41 per equity share, aggregating to 1.33 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 61,08,000 equity shares of face value of
(Rs)10.00 each at an issue price of (Rs)41 per equity share aggregating to (Rs)25.04 Crores (is hereinafter referred to as the "net issue"). The
Issue and the net issue will constitute 26.33% and 25.01%, respectively of the post issue paid up equity share capital of the Company.
Prospectus.
The face value of the equity shares is (Rs)10.00 each and the issue price is (Rs) 41. The issue price is 4.10 times of the face value.
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Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
21-Sep-17 |
26-Sep-17 |
41.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
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(Rs.Cr) |
Lead Managers to the Issue |
Project Cost |
24.32 |
Hem Securities Ltd
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Project Financed through Current Offer |
26.37 |
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Post Issue Equity Share Capital |
24.42 |
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Issue Price |
41.00 |
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