Sathlokhar Synergys E&C Global Ltd - IPO

Sathlokhar Synergys E&C Global Ltd IPO Details

Initial public offer of up to 66,38,000 equity shares of face value Rs. 10 each (the Equity Shares) of Sathlokhar Synergys E&C Global Limited (The Company or the Issuer) for cash at an issue price of Rs. 140 per equity share (including a securities premium of Rs. 130 per equity share) (Issue Price), aggregating up to Rs. 92.93 crores (the Issue) of which 6,00,000 equity shares aggregating to Rs. 8.40 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 60,38,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 140 per equity share aggregating upto Rs. 84.53 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.50% and 25.01% respectively of the post-issue paid-up equity share capital of the company.The issue price is 14 times of the face value.

Objective of issue

Working Capital. General Corporate Purposes.

Sathlokhar Synergys E&C Global Ltd Contact Details

Sathlokhar Synergys E&C Global Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - cs@sathlokhar.com, investors@sathlokhar.com

Website - www.sathlokhar.com