Business Standard

Sadbhav Engineering Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

53.65 cr

Price Range (₹)

185

Lot Size

35

Min Investment (₹)

6,475.00

Listing Exchange

MumbaiNSE

Open Date

03-Feb-2006

Close Date

08-Feb-2006

Listing Date

01-Mar-2006

Sadbhav Engineering Ltd News

    The Shares of Sadbhav Engineering Ltd have now been listed.

    Sadbhav Engineering Ltd IPO Details

    Public Issue of 29,00,000 Equity Shares of Rs. 10/- each issued for cash at a price of Rs.185/- per share aggregating Rs.53.65 crores by Sadbhav Engineering Limited (the company or Issuer)(hereinafter referred to as the Issue). The Issue comprises of reservation of 1,00,000 Equity Shares aggregating Rs.1.85 Crores for permanent employees on a competitive basis and the net issue to public of 28,00,000 Equity Shares aggregating Rs.51.80 Crores The Issue would constitute 26.61% of the fully diluted post issue paid up capital of the company.The Issue price is 18.5 times of the face value Rs.10/-

    Objective of issue

    Investment in Mumbai Nasik Expressway Ltd. Purchase of Capital Equipment. Working Capital Requirement.

    Sadbhav Engineering Ltd Contact Details

    Sadbhav Engineering Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investor@sadbhav.co.in, info@sadbhav.co.in

    Website - www.sadbhav.co.in