Soni Soya Products Ltd - IPO

Soni Soya Products Ltd IPO Details

Initial public issue of 18,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Soni Soya Products Limited (the company or the issuer) for cash at a price of Rs. 25/- per equity share, including a share premium of Rs. 15/- per equity share (the issue price), aggregating Rs. 4.50 crores (the issue), of which 96,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 25/- per equity share, aggregating Rs. 0.24 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). And 1,98,000 equity shares of Rs. 10/- each for cash at price of Rs. 25/- per equity share aggregating Rs. 0.49 crores will be reserved for subscription by eligible employees (the employees reservation portion) the issue less market maker reservation portion and employees reservation portion i.e. Issue of 15,06,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 25/- per equity share, aggregating Rs. 3.77 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 34.92% and 29.21% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price of Rs. 25 is 2.5 times of the face value of the equity shares.

Objective of issue

Working capital requirements. General corporate purposes.

Soni Soya Products Ltd Contact Details

Soni Soya Products Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@sonisoya.com