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PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
IPO Synopsis
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Salasar Techno Engineering Ltd
Registered Office:
E-20 South Extension I,,
New Delhi - 110049,
New Delhi, India.
Public issue of 3,321,000 equity shares of face value of (Rs) 10/- each ("equity shares") of Salasar Techno Engineering Limited ("Salasar" or "The Company" or The "Issuer") for cash at a price of (Rs) 108/- per Equity share (The "Issue Price") (including share premium of (Rs) 98/- per equity share) aggregating (Rs) 35.87 crores (The "Issue"). A net issue to the public of 3,321,000 equity shares hereinafter referred to as The "Net Issue". The net issue will constitute 25.01% of the post issue paid up equity share capital of the Company. The face value of the equity shares is (Rs) 10 each. The issue price is (Rs) 108/-. The issue price is 10.80 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Jul-17
17-Jul-17
108.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 125   Further Multiples of : 125
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
35.87
Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer
35.87
 
Post Issue Equity Share Capital
13.28
 
Issue Price
108.00
 
Projects
Working capital requirement including margin money
General corporate purpose
Promoted By
Gyanendra Kumar Agarwal
Alok Kumar
Shalabh Agarwal
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
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