IPO Synopsis
Home >> IPO >> IPO Synopsis
Sheetal Cool Products Ltd
Registered Office:
GIDC Plot No. 78 79 80,,
Amreli - 365601,
Gujarat, India.
Public issue of 30,00,000 equity shares of a face value of (Rs) 10/- each (the "equity shares") of Sheetal Cool Products Limited ("The Company" or "SCPL" or "The Issuer") for cash at a price of (Rs) 80/- per equity share (including a share premium of (Rs) 70.00 per equity share) ("issue price") aggregating to (Rs) 24.00 crores ("the issue") of which 1,68,000 equity shares aggregating to (Rs) 1.34 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 28,32,000 equity shares of face value of (Rs) 10.00 each at an issue price of (Rs) 80.00 per equity share aggregating to (Rs) 22.66 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 28.57% and 26.97%, respectively 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) 80 and the issue price is 8 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-Oct-17
18-Oct-17
80.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
24.00
Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer
24.00
 
Post Issue Equity Share Capital
10.50
 
Issue Price
80.00
 
Projects
To purchase additional plant & machineries at the existing manufacturing facility
Funding of working capital requirements of the company
General corporate expenses
Promoted By
Bhupatbhai D Bhuva
Dinesh Kumar D Bhuva
Sanjay D Bhuva
Listing At
BSE - SME
Registrar to the Issue
Karvy Fintech Pvt Ltd
Adani Ports & Special Economic Zone Ltd     393.40   Down   -2.80 (-0.71%)   Asian Paints Ltd     1,423.90   Up   1.80 (0.13%)   Axis Bank Ltd     656.35   Down   -3.95 (-0.60%)   Bajaj Auto Ltd     2,685.00   Up   0.40 (0.01%)   Bajaj Finance Ltd     2,585.00   Down   -9.20 (-0.35%)   Bajaj Finserv Ltd     6,377.00   Down   -7.55 (-0.12%)   Bharat Petroleum Corporation Ltd     351.50   Down   -0.05 (-0.01%)   Bharti Airtel Ltd     312.00   Up   0.65 (0.21%)   Bharti Infratel Ltd     278.75   Up   0.95 (0.34%)   Cipla Ltd     510.00   Up   0.75 (0.15%)   Coal India Ltd     228.45   Down   -0.55 (-0.24%)   Dr Reddys Laboratories Ltd     2,599.10   Down   -0.70 (-0.03%)   Eicher Motors Ltd     20,001.00   Down   -27.00 (-0.13%)   GAIL (India) Ltd     328.00   Up   0.20 (0.06%)   Grasim Industries Ltd     812.00   Down   -3.65 (-0.45%)   HCL Technologies Ltd     962.00   Down   -3.75 (-0.39%)   HDFC Bank Ltd     2,146.00   Down   -2.15 (-0.10%)   Hero Honda Motors Ltd     2,795.00   Up   0.75 (0.03%)   Hindalco Industries Ltd     206.35   Down   -1.30 (-0.63%)   Hindustan Petroleum Corporation Ltd     238.90   Up   0.25 (0.10%)   Hindustan Unilever Ltd     1,746.00   Down   -0.90 (-0.05%)   Housing Development Finance Corporation Ltd     1,999.00   Down   -5.45 (-0.27%)   ICICI Bank Ltd     370.55   Down   -1.15 (-0.31%)   Indiabulls Housing Finance Ltd     802.00   Down   -2.80 (-0.35%)   Indian Oil Corporation Ltd     135.95   Up   0.30 (0.22%)   IndusInd Bank Ltd     1,502.00   Down   -5.60 (-0.37%)   Infosys Technologies Ltd     741.25   Down   -3.75 (-0.50%)   ITC Ltd     289.85   Down   -0.05 (-0.02%)   JSW Steel Ltd     284.00   Down   -0.60 (-0.21%)   Kotak Mahindra Bank Ltd     1,279.00   Up   11.40 (0.90%)   Larsen & Toubro Ltd     1,316.90   Up   2.35 (0.18%)   Mahindra & Mahindra Ltd     727.70   Down   -2.60 (-0.36%)   Maruti Suzuki India Ltd     7,180.00   Down   -28.40 (-0.39%)   NIFTY (S&P CNX)     10,949.80   Down   -12.05 (-0.11%)   NTPC Ltd     143.90   Up   0.50 (0.35%)   Oil & Natural Gas Corpn Ltd     145.50   Up   0.80 (0.55%)   Power Grid Corporation of India Ltd     191.00   Down   -0.25 (-0.13%)   Reliance Industries Ltd     1,232.85   Down   -4.85 (-0.39%)   State Bank of India     293.00   Up   0.55 (0.19%)   Sun Pharmaceuticals Industries Ltd     411.00   Up   12.70 (3.19%)   Tata Consultancy Services Ltd     1,907.10   Down   -1.60 (-0.08%)   Tata Motors Ltd     181.50   Down   0.00 (0.00%)   Tata Steel Ltd     470.70   Down   -1.00 (-0.21%)   Tech Mahindra Ltd     714.00   Up   0.10 (0.01%)   Titan Company Ltd     962.15   Down   -0.60 (-0.06%)   UltraTech Cement Ltd     3,850.00   Up   0.45 (0.01%)   UPL Ltd     766.20   Down   -2.95 (-0.38%)   Vedanta Ltd     197.50   Down   -0.95 (-0.48%)   Wipro Ltd     336.80   Down   -1.00 (-0.30%)   Yes Bank Ltd     191.50   Down   -0.45 (-0.23%)   Zee Entertainment Enterprises Ltd     436.00   Down   -0.65 (-0.15%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com