Srinibas Pradhan Constructions Ltd - IPO

Srinibas Pradhan Constructions Ltd IPO Details

Initial public issue of upto 17,94,000 equity shares of Rs. 10/- each (Equity Shares) of Srinibas Pradhan Constructions Limited (SPCL or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price), aggregating to Rs. [*] crores (The Issue), of which upto [*] equity shares of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto [*] equity shares of Rs. 10/- each including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the Net Issue. The issue and the netissue 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

Funding the working capital requirements of the company. Investment in its wholly ownded subsidiary. Repayment of portion of loan availed by the company. General corporate purposes.

Srinibas Pradhan Constructions Ltd Contact Details

Srinibas Pradhan Constructions Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@srinibaspradhan.in

Website - www.srinibaspradhan.com