SecUR Credentials Ltd - IPO

SecUR Credentials Ltd IPO Details

Public issue of 14,67,000 equity shares of face value of 10.00 each of secur credentials limited (The Company or The Issuer) for cash at a price of Rs. 205.00 per equity share (including a share premium of Rs. 195.00 per equity share) (issue price) aggregating to Rs. 30.07 crores (the issue). of the issue, 75,000 equity shares aggregating to Rs. 1.54 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 13,92,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 205.00 per equity share aggregating to Rs. 28.54 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 30.01% and 28.48%, 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 of Rs.205 is 20.50 times of the face value.

Objective of issue

Meeting Additional Working Capital Requirements. Expansion of Business Activities. Purchase of SYMPHONY 3.0 Software along with Database. Marketing and Brand Building. General Corporate Purposes.

SecUR Credentials Ltd Contact Details

SecUR Credentials Ltd, 4A9 Gundecha Onclave, Kherani Rd Sakinaka, , mumbai 400072

Phone - 91-022-62215779/28511022

Fax -

Email - complianceofficer@secur.co.in

Website - www.secur.co.in