Satyasai Pressure Vessels Ltd - IPO

Satyasai Pressure Vessels Ltd IPO Details

Initial public offering of upto 50,00,000* equity shares of face value of Rs. 10/- each (the equity shares) of Satyasai Pressure Vessels Limited (the company or sspvl or the issuer)at an offer price of Rs. (*) per equity share for cash, aggregating up to Rs.(*) Crores (public offer) comprising of a fresh issue of up to 35,00,000 equity shares aggregating Rs.(*) Crores (fresh issue) and an offer for sale of up to 15,00,000 equity shares comprising an offer of up to 1,00,000 equity shares by satya k. Kela, up to 7,00,000 equity shares aggregating to Rs.(*) Crores by Kishore Kela up to 2,50,000 equity shares aggregating to Rs.(*) Crores by Kishore Kela (HUF) up to 3,00,000 equity shares aggregating to Rs.(*) Crores by Swati Singhi up to 1,00,000 equity shares aggregating to Rs.(*)Crores by Vandana Kela and and 50,000 equity shares by Mr. Adarsh Jaju colletcively refer to as the selling shareholders). The public offer and net offer will constitute 30.37 % of the post- offer paid-up equity share capital of the company.The face value of the equity shares is Rs.10 each. The price band and the minimum bid lot will be decided by the company.The face value of the equity shares is Rs. 10.00 each and the offer price is (*)times of the face value of the equity shares.

Objective of issue

Prepayment or Repayment of a Portain of Secured Loan availed by the company. To meet Working Capital Requirement. General Corporate Expenses.

Satyasai Pressure Vessels Ltd Contact Details

Satyasai Pressure Vessels Ltd, Karvy Selenium Tow-B, Pl-31&32 Gachibowli, Nanakramguda, Hyderabad-500032

Phone - 91-40-67161606/1602

Fax - 91-40-67161791

Email - compliance@sspv.in

Website - www.sspv.in