Somaya Solar Solutions Ltd - IPO

Somaya Solar Solutions Ltd IPO Details

Initial public offering of up to 9,41,000 equity shares of Rs.10/- each (equity shares) of Somaya Solar Solutions Limited (Somaya or SSSL or the company or the issuer) for cash at a price of Rs. [*]/- per equity share including a sharepremium of Rs.[*] per equity share (the issue price) aggregating to Rs.[*] crores (the issue). The issue includes a reservation of upto 48,000 equity shares 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 8,93,000 equity shares aggregating to Rs.[*] crores (the net issue). The price band and the minimum bid lot will be decided by the company.The face value of the equity shares is Rs.10/- each and the floor price and cap price are [*] times and [*] times of the facevalue of the equity shares, respectively.

Objective of issue

Working Capital Requirement. General Corporate Purpose.

Somaya Solar Solutions Ltd Contact Details

Somaya Solar Solutions Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - csmohan@somayasolar.com

Website - www.somayasolar.com