Shiv Texchem Ltd - IPO

Shiv Texchem Ltd IPO Details

Initial public issue of upto 61,05,600 equity shares of face value of Rs. 10/- each of Shiv Texchem Limited (STL or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which 3,05,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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 58,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium 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.Price Band: Rs. 158 to Rs. 166 per equity share of face value of Rs.5 each.The Floor price is 15.80 times the face value of the equity shares and cap price is 16.60 times the face value of the equity shares.Bid can be made for a minimum of 800 equity shares and in multiples of 800 equity shares.

Objective of issue

Utilization towards long-term working capital requirements of the company. General corporate purposes.

Shiv Texchem Ltd Contact Details

Shiv Texchem Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@shivtexchem.com

Website - www.shivtexchem.com