Subam Papers Ltd - IPO

Subam Papers Ltd IPO Details

Initial public offer of upto 61,64,800 equity shares of face value of Rs. 10.00 each (Equity Shares) of Subam Papers Limited (the Company or the Issuer) for cash at a price of Rs. 152 per equity share including a share premium of Rs. 142 per equity share (the Issue Price) aggregating to Rs. 93.70 crores (The Issue). The issue includes a reservation of upto 3,08,800 equity share of face calue of Rs. 10 each at an issue price of Rs. 152 per equity share cash aggregating to Rs. 4.69 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of upto 58,56,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 152 per equity share for cash aggregating to Rs. 89.01 crores (the Net Issue). will constitute 26.52% and 25.19% respectively of the post issue paid up equity share capital of the issue of the company.

Objective of issue

Investment in subsidiary for financing its capital expenditure requirements. General corporate purposes.

Subam Papers Ltd Contact Details

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

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@subampapers.com

Website - www.subampapers.com