Servokon Systems Ltd - IPO

Servokon Systems Ltd IPO Details

Initial public offer of upto 30,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Servokon Systems Limited (the Company or SSL or Issuer) at an issue price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute [*]% and [*]% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Servokon Systems Ltd Contact Details

Servokon Systems Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@servokon.com

Website - www.servokon.com