Business Standard

SBC Exports Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.56 cr

Price Range (₹)

22

Lot Size

6000

Min Investment (₹)

1,32,000.00

Listing Exchange

BSE - SME

Open Date

24-Jun-2019

Close Date

26-Jun-2019

Listing Date

04-Jul-2019

SBC Exports Ltd News

    The Shares of SBC Exports Ltd have now been listed.

    SBC Exports Ltd IPO Details

    Initial Public Issue of 29,82,000 equity shares of a face value of Rs. 10 each (the equity shares) of SBC Exports Limited (the companyor sbc or the issuer) for cash at a price of Rs. 22 per equity share (including a share premium of Rs. 12 per equity share) (issue price)aggregating to Rs. 6.56 Crores (the issue) of which upto 1,50,000 equity shares at an issue price of Rs. 22 per equity share aggregatingto Rs. 0.33 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the marketmaker reservation portion i.e. Issue of upto 28,32,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 22 per equity share aggregating to Rs. 6.23 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.18% and 26.76%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is Rs. 22 The issue price is 2.20 times of the face value.

    Objective of issue

    To Part Finance Working Capital Requirements of the Company. General Corporate Purposes.

    SBC Exports Ltd Contact Details

    SBC Exports Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@sbcel.com

    Website - www.sbcexportslimited.com