Servalakshmi Paper Ltd - IPO

Servalakshmi Paper Ltd IPO Details

Public issue of 2,06,89,656 equity shares of Rs. 10/- each (Equity Shares) of Servalakshmi Paper Limited (The Company or The Issuer) for cash at a price of Rs. 29 per equity share (including Share premium of Rs. 19 per equity Share), aggregating to Rs. 60.00 crores (The Issue). The issue would constitute 47.99% of the post issue paid-up capital of the company.Issue price: Rs. 29/- per equity share of face value of Rs. 10/- eachThe issue price is 2.9 times the face value

Objective of issue

Purchase of equipm. for prod. value added products. Augmenting long term working capital requirement. Preliminary & Pre Operative expenses.

Servalakshmi Paper Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - secretarial@servalakshmi.in

Website - www.servalakshmi.in