Business Standard

Sandhar Technologies Limited - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

512.48 cr

Price Range (₹)

332

Lot Size

45

Min Investment (₹)

14,940.00

Listing Exchange

MumbaiNSE

Open Date

19-Mar-2018

Close Date

21-Mar-2018

Listing Date

02-Apr-2018

Sandhar Technologies Limited News

    The Shares of Sandhar Technologies Limited have now been listed.

    Sandhar Technologies Limited IPO Details

    Initial public offering of up to 15,436,144 equity shares of face value of Rs.10 each (equity shares) of sandhar Technologies Limited (company or issuer) for cash at a price of Rs.332 per equity share (including a share premium of Rs.322 per equity share) aggregating up to Rs.512.48 Crores (offer) comprising a fresh issue of up to 9,036,144 equity shares aggregating up to Rs.300 Crores (fresh issue) and an offer for sale of up to 6,400,000 equity shares by gti capital beta pvt ltd (the selling shareholder) aggregating up to Rs.212.48 Crores (offer for sale). The offer will constitute 25.65% of the post-offer paid-up equity share capital* * subject TO FINALISATION OF THE BASIS OF ALLOTMENT The face value of the equity shares is Rs.10 each and the offer price is 33.2 times the face value of the equity shares.

    Objective of issue

    Repayment or prepayment in full or in part of certain loans availed by the company. General corporate purposes.

    Sandhar Technologies Limited Contact Details

    Sandhar Technologies Limited, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@sandhar.in

    Website - www.sandhargroup.com