Service Care Ltd - IPO

Service Care Ltd IPO Details

Initial public issue of upto 30,86,000 equity shares of face value of Rs. 10/- each of service care limited (SCL or the Company or the Issuer) for cash at a price of Rs. 67/- per equity share including a share premium of Rs. 57/- per equity share (the Issue Price) aggregating to Rs. 20.68 crores (The Issue), of which 1,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 67/- per equity share including a share premium of Rs. 57/- per equity share aggregating to Rs. 1.05 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 29,30,000 equity shares of face value of Rs. 10/- each at a price of Rs. 67/- per equity share including a share premium of Rs. 57/- per equity share aggregating to Rs. 19.63 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.84% and 25.48%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Objective of issue

To meet incremental working capital requirements. General corporate purpoes.

Service Care Ltd Contact Details

Service Care Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

Phone - 91-80-23460815-818

Fax - 91-80-23460819

Email - compliance@servicecare.in

Website - www.servicecare.in