Shilpi Cable Technologies Ltd - IPO

Shilpi Cable Technologies Ltd IPO Details

Public issue of 8,098,145 equity shares of Rs. 10/- each of Shilpi Cable Technologies Limited (SCTL or The Company or The Issuer) for cash at a price of Rs. 69/- per fully paid up equity share (including a share premium of Rs. 59/- per equity share) aggregating Rs. 55.88 crores (The Issue). The issue will constitute 25.07% of the post issue paid up capital of the company.Issue price: Rs. 69/- Per Equity Share of face value Rs. 10 eachThe issue price is 6.9 times of the face value

Objective of issue

To capital expenditure on cable/wire assembly shop. To capital expenditure on tools for 3G enabling. To capital expenditure on augmenting cable manuf.. Long term working capital requirement. For investment in the subsidiary of the company. For general corporate purposes.

Shilpi Cable Technologies Ltd Contact Details

Shilpi Cable Technologies Ltd, Beetal House 3rd Flr, Behind Local Shp Cen, Nr Dada Harsukh Das, New Delhi - 110062

Phone - 91-11-29961281-82

Fax - 91-11-29961284

Email - investors@shilpicabletech.com

Website - www.shilpicables.com