Business Standard

Survival Technologies Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,000.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Survival Technologies Ltd News

    Survival Technologies Ltd IPO Details

    Initial public offering of up to [*] equity shares of face value of Rs. 2 each of the company (Equity Shares) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share)(Offer Price) aggregating up to Rs. 1000.00 crores (Offer). The offer comprises a fresh issue of up to [*] equity shares aggregating up to Rs. 200.00 crores (Fresh Issue) and an offer for sale of up to [*] equity shares (Offered Shares) aggregating up to Rs. 800.00 crores, comprising up to [*] equity shares aggregating up to Rs. 544.41 crores by Vijaykumar Raghunandanprasad Agrawal, up to [*] equity shares aggregating up to Rs. 212.41 crores by Nimai Vijay Agrawal (together with Vijaykumar Raghunandanprasad Agrawal, the Promoter Selling Shareholders) and up to [*] equity shares aggregating up to Rs. 43.18 crores by Prabha Vijay Agarwal (the Promoter Group Selling Shareholder, and together with the promoter selling shareholders, the Selling Shareholders, and such offer for sale of equity shares by the selling shareholders, the Offer for Sale). The offer will constitute [*]% of the post-offer paid up equity share capital of the company.The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities for cash consideration, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr).The face value of the equity share is Rs. 2 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    Funding the Working Capital Requirements. General Corporate Purposes.

    Survival Technologies Ltd Contact Details

    Survival Technologies Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investors@survivaltechnologies.in

    Website - www.survivaltechnologies.in