Sumatex Ltd - IPO

Sumatex Ltd IPO Details

Public Issue of 70,00,000 equity shares of Rs. 10 each of Sumatex Limited (The Company or The Issuer) for cash at price of Rs. [*] per equity share, including a share premium of Rs. [*] per equity share, aggregating upto Rs. [*] crores (The Issue). The Issue would constitute 50% of the fully diluted post-issue paid up capital of the company.Price Band: Rs. [*] to Rs. [*] per equity share of face value Rs. 10 eachThe Face value of the equity share is Rs. 10. The Floor price is [*] times the face value and the cap price is [*] times the face value

Objective of issue

Setting up of additional unit at Bhilwara for exp.. Setting up of Research and Development Centre. Meeting the margin money for working capital.

Sumatex Ltd Contact Details

Sumatex Ltd, 19/20 Jaferbhoy Ind, 1st Floor Makwana Rd, Marol Naka, Mumbai - 400 059

Phone - 91-022-28594060

Fax - 91-022-28503748

Email - ipo@sumatex.in