Shaival Reality Ltd - IPO

Shaival Reality Ltd IPO Details

Public issue of 5,28,000 equity shares of face value of Rs. 10/- each fully paid of Shaival Reality Limited (Shaival or the company or the issuer) for cash at a price of Rs. 100/- per equity share (the issue price) at premiumof Rs. 90/- per equity share aggregating Rs. 5.28 crores (theissue) by the company, of which 26,400 equity shares of Rs. 10/- fully paid each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 5,01,600 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the net issue. The issue andThe net issue will constitute 27.37% and 26.00%, Respectively of the post issue paid up equity Share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 100/-. The issue price is 10 times the face value.

Objective of issue

Working Capital requirements.

Shaival Reality Ltd Contact Details

Shaival Reality Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - info@shaivalgroup.com

Website - www.shaivalgroup.ooo