Business Standard

S H Kelkar & Company Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

508.17 cr

Price Range (₹)

180

Lot Size

80

Min Investment (₹)

14,400.00

Listing Exchange

MumbaiNSE

Open Date

28-Oct-2015

Close Date

30-Oct-2015

Listing Date

16-Nov-2015

S H Kelkar & Company Ltd News

    The Shares of S H Kelkar & Company Ltd have now been listed.

    S H Kelkar & Company Ltd IPO Details

    Initial public issue of 28,231,827 equity of face value Rs. 10 each (Equity shares) of S H Kelkar and Company Ltd (Company or Issuer) for cash at a price of Rs. 180 per equity share (Including a share premium of Rs. 170 per equity share) aggregating Rs. 508.17 Crores consisting of a fresh issue of 11,666,666 equity shares by the company aggregating Rs. 210 Crores (Fresh issue) and an offer for sale of upto 13,141,000 equity shares, 86,575 Equity shares and 3,337,586 Equity shares by Blackstone Capital Partners (Singapore) VI FDI TWO PTE LTD Blackstone Family Investment partnership (Singapore) VI ESC FDI TWO PTE LTD and Ms Prabha Ramesh Vaze Respectively (The Selling shareholdersaggregating Rs. 298.17 Crores (Offer for sale). The fresh issue and the offer for sale are together referred to as the issue. The issue will consititute 19.52 of the post-issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10 each. The issue price is Rs. 180 per equity share and is 18 times the face value of the equity shares.

    Objective of issue

    Repayment/pre-payment in full or in part of loans. Invest. in K V Arochem Pvt Ltd, wholly owned subs.. General corporate purposes.

    S H Kelkar & Company Ltd Contact Details

    S H Kelkar & Company Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@keva.co.in

    Website - www.keva.co.in