Surya Chakra Power Corporation Ltd - IPO

Surya Chakra Power Corporation Ltd IPO Details

Public issue of 3,40,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.20/- per share aggregating Rs.68.00 Crores out of which 4,00,000 equity shares of Rs.10 each at are reserved for eligible employees and the net issue to the public would constitute 3,36,00,000 equity shares of Rs. 10/- each. The issue would constitute 44.37% of the fully diluted post issue paid-up capital of the company. The net issue to the public would constitute 43.85% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.20/- per equity share of face value of Rs. 10/- eachThe issue price is 2 times the face value

Objective of issue

Setting-up 2 bio-mass power plant forits Subsidary. To meet working cap. requirement for power Trading. Additional working Capital for its operations. General Corporate Purposes.

Surya Chakra Power Corporation Ltd Contact Details

Surya Chakra Power Corporation Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - cosecretary@suryachakra.com; admin@suryachakra.com

Website - www.suryachakra.in