SEL Manufacturing Company Ltd - IPO

SEL Manufacturing Company Ltd IPO Details

Public issue of 41,38,410 equity shares of Rs.10 each for cash at a price of Rs.90 per equity share including a share premium of Rs.80 per equity share, aggregating Rs.37.25 Crores (the issue) by SEL Manufacturing Company Limited (the company or the issuer). The issue comprises a net issue to the public of 39,31,490 shares of Rs.90 each (the net issue) and a reservation of up to 2,06,920 shares of Rs.90 each for the permanent employees of the company (the Employee Reservation Portion). The issue would constitute 27.20% of the fully diluted post issue paid-up capital of the company. The net issue will constitute 25.84% of the fully diluted post issue paid-up capital of the company.The Issue Price Rs. 90 per Equity Share is 9 times of the face value.

Objective of issue

Expanding our Capa. in Spinning,Knitting& Garment.

SEL Manufacturing Company Ltd Contact Details

SEL Manufacturing Company Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - rahul@selindia.in; ipo@selindia.in

Website - www.selindia.in