Sphinx Worldbiz Ltd - IPO

Sphinx Worldbiz Ltd IPO Details

Initial public offer of upto 55,68,000 equity shares of face value of Rs. 10/- each (the equity shares) of Sphinx Worldbiz Limited (the company or the issuer) at an issue price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores (public issue) out of which [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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 [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.35% and [*] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding the capital exp requirements towards setting up of a new mfg unit. To meet working capital requirements. General corporate purposes.

Sphinx Worldbiz Ltd Contact Details

Sphinx Worldbiz Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795