Simran Agrovet Ltd - IPO

Simran Agrovet Ltd IPO Details

Initial public offer of up to 64,35,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Simran Agrovet Limited (the Company or Sal or Issuer) at an issue price of Rs. 122.00 per equity share (Including a Share Premium of Rs. 112.00 Per Equity Share) for cash,aggregating up to Rs. 78.51 Crore (Public Issue) out of which 3,25,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 122.00 per equity share for cash, aggregating Rs. 3.97 Crore 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 61,10,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 122.00 per equity share for cash, aggregating up to ? 7.45 Crore is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 34.90% and 33.14% respectively of the post- issue paid-up equity share capital of the company.

Objective of issue

Project for setting-up of Breeding Farm Facility, Hatchery Facility and Expansion of the Feed Mill Plant. Working Capital Requirement. General Corporate Purpose.

Simran Agrovet Ltd Contact Details

Simran Agrovet Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - compliance@successfeeds.com

Website - https:, simranagrovet.com