To issue 41,262,135 Equity Shares aggregating Rs 425 crore
Sadbhav Engineering announced that in relation to the Issue, SIPL has filed its prospectus dated 08 September 2015 with Registrar of Companies, Gujarat at Ahmedabad on 08 September 2015. The Issue consists of a fresh issue of 41,262,135 Equity Shares aggregating to Rs. 425 crore and an offer for sale of 3,235,762 Equity Shares by Xander Investment Holding XVII and 3,235,762 Equity Shares by Norwest Venture Partners VII-A-Mauritius. The Issue Price has been fixed as Rs. 103 per Equity Share, including a share premium of Rs. 93 per Equity Share.Powered by Capital Market - Live News
