Sai Infinium Ltd - IPO

Sai Infinium Ltd IPO Details

Initial public offering of up to 1,96,00,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. [*] crores (the Issue). The issue would constitute 25.09 % of the post-issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price is [*] times the face value of the equity shares. The price band and minimum bid lot will be decided by the company.

Objective of issue

Funding of capital expenditure requirements towards setting up of the 17.4 MW Hybrid Power Plant Gangiyavadar, Wankaner, Gujarat. Funding of capital expenditure requirements towards setting up of the Mild Steel (MS) Structures Rolling Mill - Bhavnagar, Gujarat. Purchase of Cargo Vessel (Ship Corsica) for Ship Breaking Plant - Alang. Bhavnagar. General corporate purposes.

Sai Infinium Ltd Contact Details

Sai Infinium Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@infiniumgroup.in

Website - www.bandhanglobal.com