SBC Exports Ltd - IPO

SBC Exports Ltd IPO Details

Initial Public Issue of 29,82,000 equity shares of a face value of Rs. 10 each (the equity shares) of SBC Exports Limited (the companyor sbc or the issuer) for cash at a price of Rs. 22 per equity share (including a share premium of Rs. 12 per equity share) (issue price)aggregating to Rs. 6.56 Crores (the issue) of which upto 1,50,000 equity shares at an issue price of Rs. 22 per equity share aggregatingto Rs. 0.33 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the marketmaker reservation portion i.e. Issue of upto 28,32,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 22 per equity share aggregating to Rs. 6.23 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.18% and 26.76%, respectively of the 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 is Rs. 22 The issue price is 2.20 times of the face value.

Objective of issue

To Part Finance Working Capital Requirements of the Company. General Corporate Purposes.

SBC Exports Ltd Contact Details

SBC Exports Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@sbcel.com

Website - www.sbcexportslimited.com