Sigma Solve Ltd - IPO

Sigma Solve Ltd IPO Details

Public Issue of 1100000 equity shares of face value of Rs. 10 each of Sigma Solve Limited (sigma or the company or the issuer) for cash at a price of Rs. 55 per equity share including a share premium of Rs. 45 per equity share (the issue price) aggregating to Rs. 6.05 Crores (the issue), of which 56000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 55 per equity share including a share premium of Rs. 45 per equity share aggregating to Rs. 0.31 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 1044000 equity shares of face value of Rs. 10 each at a price of Rs. 55 per equity share including a share premium of Rs. 45 per equity share aggregating to Rs. 5.74 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.76% and 25.40% respectively of the post issue paid up equity share capital of the companyThe face value of the equity shares is Rs. 10 each and the issue price is Rs. 55. The issue price is 5.5 times of the face value.

Objective of issue

Acquisitions and Other Strategic Initivatives. Investment in Subsidiary. General Corporate Purpose.

Sigma Solve Ltd Contact Details

Sigma Solve Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@sigmasolve.net

Website - www.sigmasolve.in