Sunkind India Ltd - IPO

Sunkind India Ltd IPO Details

Initial public offer of upto 64,08,000 equity shares of face value of Rs. 10/- each (the equity shares) of Sunkind India Limited (the company or the issuer) at an issue price of Rs.[*] per equity share (including share premium of Rs.[*] per equity share) for cash, aggregating up to Rs.[*] crores (public issue) out of which [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10/- each, at an issue price of Rs.[*] per equity share for cash, aggregating upto Rs.[*] crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.37% and [*] % respectively of the post- issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Investment in our Subsidiary, Sunkind Strucmax Private Limited for financing its capital expenditure requirements. Investment in our Subsidiary, Sunkind Strucmax Private Limited to meet its working capital requirements.. Investment in our Subsidiary, Sunkind Photovoltaics Private Limited for financing its capital expenditure requirements towards setting up of new manufacturing plant at Jaipur, Rajasthan. To Meet Working Capital Requirements of the company. General corporate purposes.

Sunkind India Ltd Contact Details

Sunkind India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@sunkind.in

Website - www.sunkind.in