SEL Textiles Ltd - IPO

SEL Textiles Ltd IPO Details

Public Issue of 1,10,00,000 equity shares of Rs.10/- each at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) for cash aggregating Rs. [*] crores (The Issue) including reservation for Eligible Employees of 2,00,000 equity shares of Rs. 10 each for cash at a price of Rs. [*] per equity share aggregating Rs. [*] crores (Employee Reservation Portion), by SEL Textiles Limited (the Company or the Issuer). The Net issue to the public is of 1,08,00,000 equity shares of Rs. 10 each at a price of Rs. [*] for cash aggregating Rs. [*] crores (referred to as the Net Issue). The Net issue shall constitute 27.25 % ofThe post issue paid up capital of the company. The Issue will constitute 27.76% of the fully diluted post issue paid-up capital of the companyPrice Band: Rs. [*] to Rs. [*] per equity share of face value of Rs. 10 eachThe Floor Price is [*] times of the face value and the Cap Price is [*] times of the face value

Objective of issue

Setting up new facility for manu. of Terry Towels.

SEL Textiles Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ipo@rssalujagroup.co.in

Website - www.rssalujagroup.co.in