Sahajanand Medical Technologies Ltd - IPO

Sahajanand Medical Technologies Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 1/- each (Equity Shares) of Sahajanand Medical Technologies Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (The Offer Price) aggregating up to Rs. 1500.00 crores (The Offer). The offer comprises of a fresh issue of up to [*] equity shares by the company aggregating up to Rs. 410.33 crores(The Fresh Issue) and an offer for sale of upto [*] equity shares (The Offered Shares) aggregating up to Rs. 1089.67 crores (The Offer for Sale), comprising of up to [*] equity shares aggregating to Rs. 100 crores by Dhirajkumar S.Vasoya, up to [*] equity shares aggregating up to Rs. 33.75 crores by Shree Hari Trust (acting through its trustee),up to [*] equity shares aggregating up to Rs. 635.56 crores by Samara Capital Markets Holding Limited and up to [*] equity shares aggregating up to Rs. 320.36 crores by Nhpea Sparkle Holding b.v.(collectively ,The Selling Shareholders),(The Offer for sale,and together with the fresh issue,the Offer). The offer will constitute [*] % of the post-offer paid-up equity share capital of the company.The company, in consultation with the brlms, is considering a pre-ipo placement of such number of equity shares for cash consideration aggregating up to Rs. 185 crres, at its discretion, (pre-ipo placement). the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead managers. if the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to compliance with the minimum offersize equirements prescribed under regulation 19(2)(b) of the scrr.The face value of the equity share is Rs. 1 the offer price is [*] times the face value of the equity shares.The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Repayment/prepayment of certain indebtedness availed by the company and subsidiaries. Funding the working capital requirementes of the company indirect foreign subsidiary Vascular Innovations. General corporate purposes.

Sahajanand Medical Technologies Ltd Contact Details

Sahajanand Medical Technologies Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investors@smt.in

Website - www.smtpl.com