Business Standard

Shelter Pharma Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

16.03 cr

Price Range (₹)

42

Lot Size

3000

Min Investment (₹)

1,26,000.00

Listing Exchange

BSE - SME

Open Date

10-Aug-2023

Close Date

14-Aug-2023

Listing Date

23-Aug-2023

Shelter Pharma Ltd News

    The Shares of Shelter Pharma Ltd have now been listed.

    Shelter Pharma Ltd IPO Details

    Public issue of 38,16,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Shelter Pharma Limited (the Company or the Issuer) for cash at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share (the Issue Price) aggregating to Rs. 16.03 crores (The Issue) of which 1,92,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share aggregating to Rs. 0.81 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 36,24,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share aggregating to Rs. 15.22 crores (the Net Issue). The issue and the net issue will constitute 33.01% and 31.35% 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 4.2 times of the face value of the equity shares.Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

    Objective of issue

    Working Capital Requirements. General Corporate Purposes.

    Shelter Pharma Ltd Contact Details

    Shelter Pharma Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@shelter.co.in

    Website - www.shelter.co.in