Sandhya Marines Ltd - IPO

Sandhya Marines Ltd IPO Details

Initial public offering of [*] equity shares of face value of Rs. 10 each (equity shares) of Sandhya Marines Limited (Company or Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating to Rs. [*] crores (The Offer). The offer comprising a fresh issue of [*] equity shares, aggregating up to Rs. 300.00 crores by the company (Fresh Issue), and an offer for sale of up to 12,600,000 equity shares, aggregating to Rs. [*] crores, by the promoters Dr. K.V. Prasad, Ms. K.Suryanarayanamma, Mr. K. Anand Kumar and Mr. K Arun Kumar, in their capacity as sellers of the equity shares, herein after referred to as (The Selling Shareholders). The Offer including a reservation of up to [*] equity shares (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees for cash at a price of Rs. [*] per equity share, aggregating up to Rs. [*] crores. The Offer less the employees reservation portion is referred at as the Net Offer. The Offer shall constitute [*]% of the post offer issued, subscribed and paid-up equity share capital and the net offer shall constitute [*]% of the post offer issued, subscribed and paid-up equity share capital.The Face value of the equity share is Rs. 10 each. The Offer price is [*] times the face value of the equity shares

Objective of issue

Setting up of a new Shrimp Processing Unit. Setting up of a new Aqua-Feed Mill facility. Setting up of a new Corporate Office. Repayment/prepayment in full or in part of certain Indebtedness of the company. General Corporate Purposes.

Sandhya Marines Ltd Contact Details

Sandhya Marines Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@sandhyamarines.com

Website - www.sandhyamarines.com