Sandhar Technologies Limited
Registered Office:
B-6/20 LSC,Safdarjung Enclave,
New Delhi
-
110049,
Phone : 91-11-40511800
Fax : NA
Initial public offering of up to 15,436,144 equity shares of face value of (Rs)10 each ("equity shares") of sandhar Technologies Limited ("company" or "issuer") for cash at a price of (Rs)332 per equity share (including a share premium of (Rs)322 per equity share) aggregating up to (Rs)512.48 Crores ("offer") comprising a fresh issue of up to 9,036,144 equity shares aggregating up to (Rs)300 Crores ("fresh issue") and an offer for sale of up to 6,400,000 equity shares by gti capital beta pvt ltd (the "selling shareholder") aggregating up to (Rs)212.48 Crores ("offer for sale"). The offer will constitute 25.65% of the post-offer paid-up equity share capital*
* subject TO FINALISATION OF THE BASIS OF ALLOTMENT
The face value of the equity shares is (Rs)10 each and the offer price is 33.2 times the face value of the equity shares.
Opens On
Closes On
Application
Allotment
19-Mar-18
21-Mar-18
332.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
45
Further Multiples of :
45
(Rs.Cr)
Lead Managers to the Issue
Project Cost
279.99
Axis Capital Ltd
Project Financed through Current Offer
512.48
Post Issue Equity Share Capital
60.19
Repayment or prepayment in full or in part of certain loans availed by the company
General corporate purposes