Sharp Agricom Ltd - IPO

Sharp Agricom Ltd IPO Details

Initial public offering of up to 55,87,200 equity shares of Rs.10/- each (Equity Shares) of Sharp Agricom Limited(Sharp or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share (the Issue Price), including a Share Premium of [*]/- per Equity Share), aggregating to Rs.[*] crores (the Offer), out of which, [*] equity sharesof face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the 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 aggregating to Rs. [*] crores is hereinafter referred to as the Net Issue. The issue and the 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

To meet capital expenditure for Purchase of Machinerie s. To meet out the Working Capital requirements of the Company. For Repayment of portion of loan availed by Company.. To meet out the General Corporate Purposes.

Sharp Agricom Ltd Contact Details

Sharp Agricom Ltd, Beetal House 99, Madangir Behind LSC, Nr Dada Harsukhdar, Delhi - 110062

Phone - 011 - 29961281 / 82

Fax - 011 - 29961284

Email - Csdesk@sharpglobal.in

Website - www.sharpagricom.in