Business Standard

Silicon Rental Solutions Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

21.15 cr

Price Range (₹)

78

Lot Size

1600

Min Investment (₹)

1,24,800.00

Listing Exchange

BSE - SME

Open Date

28-Sept-2022

Close Date

30-Sept-2022

Listing Date

10-Oct-2022

Silicon Rental Solutions Ltd News

    The Shares of Silicon Rental Solutions Ltd have now been listed.

    Silicon Rental Solutions Ltd IPO Details

    Initial public offer of 27,12,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Silicon Rental Solutions Limited (The Company or SRSL or The Issuer) at an issue price of Rs. 78 per equity share for cash, aggregating up to Rs. 21.15 crores (Public Issue) out of which 1,36,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 78 per equity share for cash, aggregating Rs. 1.06 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 25,76,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 78 per equity share for cash, aggregating upto Rs. 20.09 crores herein after referred to as the Net Issue. The public issue and net issue will constitute 26.40% and 25.08% respectively of the post- issue paid-up equity share capital of the company.The face value of the equity sahres is Rs. 10 each and the issue price is Rs. 78 per equity shares. The issue price is 7.8 times of the face value.Minimum application size of 1600 equity shares and in multiples of 1600 equity shares thereafter.

    Objective of issue

    Silicon Rental Solutions Ltd Contact Details

    Silicon Rental Solutions Ltd, , , ,

    Phone -

    Fax -

    Email - cs@silicongroup1.com

    Website - www.silicongroup1.com