IPO Synopsis
Home >> IPO >> IPO Synopsis
Shubhlaxmi Jewel Art Ltd
Registered Office:
Shop No 1 Ground Flr D&I Excel,Waghawadi Road,
Bhavnagar - 364002,
Gujarat, India.
Initial public offer consisiting fresh issue of 25,04,000 equity shares of face value of (Rs) 10/- each fully paid of Shubhlaxmi Jewel Art Limited ("the issuer" or "the company") for cash at a price of (Rs) 26 per equity share (including a share premium of (Rs) 16 per equity share) (the "issue price") aggregating (Rs) 6.51 Crores (the "issue") of which 1,28,000 equity shares of face value (Rs) 10/- each for cash at a price of (Rs) 26 per equity share, aggregating (Rs) 0.33 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 23,76,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 26 per equity share, aggregating (Rs) 6.18 Crores is hereinafter refered to as the "net issue" The issue and the net issue will constitute 30.15% and 28.61%, respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10/- each and the issue price of (Rs) 26 is 2.6 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Nov-18
27-Nov-18
26.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
6.51
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
6.51
 
Post Issue Equity Share Capital
8.30
 
Issue Price
26.00
 
Projects
Funding the Working Capital Requirements of the Company
General Corporate Purposes
Promoted By
Narendrasinh Chauhan
Jitendrakumar Chauhan
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd
Adani Ports & Special Economic Zone Ltd     399.30   Up   4.80 (1.22%)   Asian Paints Ltd     1,400.45   Up   10.85 (0.78%)   Axis Bank Ltd     664.60   Down   -12.05 (-1.78%)   Bajaj Auto Ltd     2,720.75   Down   -8.90 (-0.33%)   Bajaj Finance Ltd     2,542.90   Up   7.00 (0.28%)   Bajaj Finserv Ltd     6,249.90   Down   -109.10 (-1.72%)   Bharat Petroleum Corporation Ltd     354.20   Down   -1.00 (-0.28%)   Bharti Airtel Ltd     311.15   Down   -20.90 (-6.29%)   Bharti Infratel Ltd     278.05   Down   -2.40 (-0.86%)   Cipla Ltd     509.40   Down   -0.20 (-0.04%)   Coal India Ltd     230.00   Down   -2.05 (-0.88%)   Dr Reddys Laboratories Ltd     2,596.80   Down   -22.35 (-0.85%)   Eicher Motors Ltd     20,122.75   Down   -247.20 (-1.21%)   GAIL (India) Ltd     322.15   Down   -10.25 (-3.08%)   Grasim Industries Ltd     824.95   Down   -3.15 (-0.38%)   HCL Technologies Ltd     966.30   Up   11.60 (1.22%)   HDFC Bank Ltd     2,130.25   Down   -2.05 (-0.10%)   Hero Honda Motors Ltd     2,898.75   Down   -4.85 (-0.17%)   Hindalco Industries Ltd     208.80   Up   2.80 (1.36%)   Hindustan Petroleum Corporation Ltd     239.50   Down   -4.70 (-1.92%)   Hindustan Unilever Ltd     1,744.10   Down   -7.40 (-0.42%)   Housing Development Finance Corporation Ltd     2,006.85   Up   2.30 (0.11%)   ICICI Bank Ltd     372.00   Down   -2.60 (-0.69%)   Indiabulls Housing Finance Ltd     817.35   Up   0.60 (0.07%)   Indian Oil Corporation Ltd     137.85   Up   0.20 (0.15%)   IndusInd Bank Ltd     1,516.90   Down   -6.10 (-0.40%)   Infosys Technologies Ltd     730.95   Down   -2.40 (-0.33%)   ITC Ltd     291.45   Down   -2.50 (-0.85%)   JSW Steel Ltd     285.60   Down   -3.40 (-1.18%)   Kotak Mahindra Bank Ltd     1,240.20   Up   20.25 (1.66%)   Larsen & Toubro Ltd     1,317.90   Down   -28.15 (-2.09%)   Mahindra & Mahindra Ltd     734.95   Up   0.30 (0.04%)   Maruti Suzuki India Ltd     7,357.95   Up   21.70 (0.30%)   NIFTY (S&P CNX)     10,906.95   Up   1.75 (0.02%)   NTPC Ltd     144.30   Down   -0.60 (-0.41%)   Oil & Natural Gas Corpn Ltd     146.75   Up   1.75 (1.21%)   Power Grid Corporation of India Ltd     193.60   Down   -0.30 (-0.15%)   Reliance Industries Ltd     1,184.35   Up   49.90 (4.40%)   State Bank of India     294.95   Down   -2.45 (-0.82%)   Sun Pharmaceuticals Industries Ltd     390.75   Down   -35.80 (-8.39%)   Tata Consultancy Services Ltd     1,900.65   Up   6.35 (0.34%)   Tata Motors Ltd     183.30   Down   -1.60 (-0.87%)   Tata Steel Ltd     470.65   Down   -2.50 (-0.53%)   Tech Mahindra Ltd     709.15   Up   3.60 (0.51%)   Titan Company Ltd     960.95   Down   -0.60 (-0.06%)   UltraTech Cement Ltd     3,819.95   Down   -26.50 (-0.69%)   UPL Ltd     766.05   Down   -3.00 (-0.39%)   Vedanta Ltd     198.70   Up   1.25 (0.63%)   Wipro Ltd     346.15   Up   10.75 (3.21%)   Yes Bank Ltd     198.60   Down   -2.90 (-1.44%)   Zee Entertainment Enterprises Ltd     440.30   Down   -0.60 (-0.14%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com