Sri Priyanka Geo Commex Ltd - IPO

Sri Priyanka Geo Commex Ltd IPO Details

Initial public offer of upto 45,00,000 equity shares of face value of Rs. 10/- each (equity shares) of the company at an issue price of Rs. [*] per equity share (including a 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 (themarket 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 up to Rs. [*] crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute [*] % 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

Prepayment or repayment of certain loans availed by the Company. Funding of working capital requirements of the Company. Investment in our wholly owned subsidiary Geo Min Commodities Pte. Ltd., Singapore for funding of its working capital requirements. General corporate purposes.

Sri Priyanka Geo Commex Ltd Contact Details

Sri Priyanka Geo Commex Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@spgeocl.com

Website - www.spgeocl.com