Shiva Granito Export Ltd - IPO

Shiva Granito Export Ltd IPO Details

Public Issue of 42,00,000 Equity shares of face value of Rs. 10 Each (Equity shares) of Shiva Granito Export Ltd. (The Company or The Issuer) for cash at a price of Rs. 12 per Equity share, including a share premium of Rs. 2 per equity share (The Issue price), aggregating Rs. 5.04 Crores (The Issue), of which 2,20,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 12 per equity share, aggregating Rs. 0.26 Crores will be reserved for subscriptions by the market maker to the issue (The Market maker reservation portion). The Isse Less market maker reservation portion I.E. Issue of 39,80,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 12 per equity share, aggregating Rs. 4.78 Crores is Hereinafter Refered to As the Net Issue. The Issue and the net issue will Constitute 31.78% and 30.12% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and The Issue price of Rs. 12 is 1.2 times of the face value of the equity shares.

Objective of issue

Working capital requirement. General corporate purpose.

Shiva Granito Export Ltd Contact Details

Shiva Granito Export Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - shivaexport@gmail.com

Website - www.shivaexport.in