Saffron Speciality Papers Ltd - IPO

Saffron Speciality Papers Ltd IPO Details

Initial public offering of up to 55,60,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Saffron Speciality Papers Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (Including a Premium of Rs. [*] per Equity Share) (Issue Price) aggregating Rs. [*] crores (the Issue), of which upto [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of upto [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and net issue will constitute [*]% and [*]% respectively of the 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 is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Capital Expenditure. Working Capital. Debt repayment. General corporate purpose.

Saffron Speciality Papers Ltd Contact Details

Saffron Speciality Papers Ltd, 4th Floor A Wing Tra, Kamala Mills Compoun, Senapathi Bapat Marg, Mumbai+400013

Phone - 91-22-49142700

Fax - 91-22-49142503

Email - cs@saffronindia.net

Website - www.saffronindia.net