Samay Project Services Ltd - IPO

Samay Project Services Ltd IPO Details

Initial public offer of 43,20,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Samay Project Services Limited (the Company or Samay Project or the Issuer) for cash at a price of Rs. 34/- per equity share including a share premium of Rs. 24/- per equity share (the Issue Price) aggregating to Rs. 14.69 crores (the Issue), of which 2,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 34/- per equity share including a share premium of Rs. 24/- per equity share aggregating to Rs. 0.78 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 40,92,000 equity shares of face value of Rs. 10/- each at a price of Rs. 34/- per equity share including a share premium of Rs. 24/- per equity share aggregating to Rs. 13.91 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.14 % and 26.66 % respectively of the post issue paid up equity share capital of the company.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Samay Project Services Ltd Contact Details

Samay Project Services Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investor@samayprojects.in

Website - www.samayprojects.com