Shlokka Dyes Ltd - IPO

Shlokka Dyes Ltd IPO Details

Initial public issue of up to 63,50,400 equity shares of face value of Rs. 10/- each of Shlokka Dyes Limited (S D L or the Company or theIssuer) for cash at a price of Rs. 91 per equity share including a share premium of Rs. 81 per equity share (the Issue Price) aggregating to Rs. 57.79 (the Issue), of which 3,24,000 equity shares of face value ofRs. 10/- each for cash at a price of Rs.91 per equity share including a share premium of Rs. 81 per equity share aggregating to Rs. 2.95 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 60,26,400 equity shares of face value of Rs. 10/- each at a price of Rs. 91 per equity share aggregating to Rs.54.84 crores is herein after referred to as the Net issue. The issue and the net issue will constitute 29.66 % and 28.15 % respectively of the post issue paid up equity share capital of the company.

Objective of issue

Capital expenditure for plant and machineries. Repayment of debt. Working capital. General corporate purposes.

Shlokka Dyes Ltd Contact Details

Shlokka Dyes Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@shlokkadyes.com

Website - www.shlokkadyes.com