Sathlokhar Synergys E&C Global Ltd
Registered Office:
Plot No.5171 9th St Ram Nagar-,North Extn Madipakkam,
Kanchipuram
-
600091,
Phone : +91 72995 41122
Fax : NA
Initial public offer of up to 66,38,000 equity shares of face value (Rs) 10 each (the "Equity Shares") of Sathlokhar Synergys E&C Global Limited ("The Company" or the "Issuer") for cash at an issue price of (Rs) 140 per equity share (including a securities premium of (Rs) 130 per equity share) ("Issue Price"), aggregating up to (Rs) 92.93 crores (the "Issue") of which 6,00,000 equity shares aggregating to (Rs) 8.40 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 60,38,000 equity shares of face value of (Rs) 10 each at an issue price of (Rs) 140 per equity share aggregating upto (Rs) 84.53 crores is hereinafter referred to as the
"Net Issue". The issue and the net issue will constitute 27.50% and 25.01% respectively of the post-issue paid-up equity share capital of the company.
The issue price is 14 times of the face value.
Opens On
Closes On
Application
Allotment
30-Jul-24
01-Aug-24
140.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer
92.93
Post Issue Equity Share Capital
24.14
Working Capital
General Corporate Purposes
G Thiyagu
Sangeethaa Thiyagu