Sonaselection India Ltd - IPO

Sonaselection India Ltd IPO Details

Initial public offer of up to 14,300,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Sonaselection India Limited (The Company or the Company or the Issuer) for cash at a price of Rs. 99 per equity share (including a share premium of Rs. 89 per equity share) (the Issue Price) aggregating up to Rs. 141.57 Crores (the Issue). The issue will constitute 25.16% of the post issue paid up equity share capital of the company.Price Band: Rs. 99 per equity share of face value of Rs. 10 each.The floor price is 9.9 times of the face value of the equity shares, respectively. Bids can be made for a minimum of 150 equity shares of face value Rs. 10/- each and in multiples of 150 equity shares of face value Rs. 10/- thereafter.

Objective of issue

Repayment and/or pre-payment, in full or part, of certain borrowings. Funding of capital expenditure towards purchase of plant and machineries. General corporate purposes.

Sonaselection India Ltd Contact Details

Sonaselection India Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - cs@sonaselection.com

Website - www.sonaselection.com