Sheetal Refineries Ltd - IPO

Sheetal Refineries Ltd IPO Details

Public issue of [*] equity shares of Rs. 10 each for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. 60.00 crores by Sheetal Refineries Limited ('Company' or 'Issuer' or 'SRL')(The Issue). The issue would constitute [*]% of the fully diluted post issue paid up capital of the company.Price band: Rs. [*] to Rs. [*] per equity share of face value Rs. 10 eachThe issue price is [*] times the face value at the lower end of the price band and [*] times the face value at the higher end of the price band.

Objective of issue

To finance capital exp. for additi. refining unit. To invest in our subsidiary company. To meet the long term working capital requirements. To meet general corporate purpose.

Sheetal Refineries Ltd Contact Details

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

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - sheetal.ipo@sheetalgroup.net

Website - www.sheetaldrop.com