Shantidoot Infra Services Ltd - IPO

Shantidoot Infra Services Ltd IPO Details

Public issue of 4,96,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Shantidoot Infra Services Limited (the Company or the Issuer) for cash at a price of Rs. 81.00 per equity share including a share premium of Rs. 71.00 per equity share (the Issue Price) aggregating to Rs. 4.02 crores (The Issue) comprising of a fresh issue of 2,48,000 equity shares aggregating to Rs. 2.01 croress (the Fresh Issue) and an offer for sale of 2,48,000 equity shares by the selling shareholder (Offer for Sale) aggregating to Rs. 2.01 crores of which 25,600 equity shares aggregating to Rs. 0.21 crores will be reserved for subscription by market maker to the issue (the Market Maker Reeservation Portion). The issue less the market maker reservation portion i.e. net issue of 4,70,400, equity shares aggregating to Rs. 3.81 crores (the Net Issue). The issue and the net issue will constitute 27.59% and 26.16% respectively of the post issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10.00 and the issue price is 8.1 times of the face value of the equity shares.Minimum lot size is 1600 equity shares.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Shantidoot Infra Services Ltd Contact Details

Shantidoot Infra Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@shantidootinfra.com

Website - www.shantidootinfra.com