Shankar Lal Rampal Dye-Chem Ltd - IPO

Shankar Lal Rampal Dye-Chem Ltd IPO Details

Initial public issue of 16,20,000 equity shares of face value of Rs.10 each (equity shares) of M/s. Shankar Lal Rampal Dye-Chem Limited (the company or the issuer) for cash price of Rs.45 per equity share, including a share premium of Rs.35 per equity share (the issue price), aggregating to Rs.7.29 Crores (the issue),of which 81,000 equity shares of Face value of Rs.10 each for cash price of Rs. 45 per equity share, aggregating to Rs. 0.36 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e., issue of 15,39,000 equity shares of face value of Rs.10 each, for cash price of Rs. 45 per equity share, aggregating to Rs. 6.93 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 27.01% and 25.66% respectively of the post issue paidup equity share capital of the Company.The face value of the equity share is Rs. 10 each and the issue price is Rs. 45 each i.e. 4.50 times of the face value of the Equity shares.

Objective of issue

Working Capital Requirements.

Shankar Lal Rampal Dye-Chem Ltd Contact Details

Shankar Lal Rampal Dye-Chem Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - info@srdyechem.com

Website - www.srdyechem.com