Business Standard

Suyog Telematics Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

4.53 cr

Price Range (₹)

25

Lot Size

6000

Min Investment (₹)

1,50,000.00

Listing Exchange

BSE - SME

Open Date

30-Dec-2013

Close Date

07-Jan-2014

Listing Date

22-Jan-2014

Suyog Telematics Ltd News

    The Shares of Suyog Telematics Ltd have now been listed.

    Suyog Telematics Ltd IPO Details

    Public issue of 18,12,000 equity shares of Rs. 10/- each (Equity Shares) of Suyog Telematics Limited (STL or The Company or The Issuer) for cash at a price of Rs. 25/- per share (The Issue Price), aggregating to ` 4.53 crores (The Issue), of which, 1,08,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,04,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.04% and 26.37 %, respectively of the post issue paid up equity share capital of the company.

    Objective of issue

    Installation of 10 new roof top Towers. Installation of 100 new ground based poles. Upgradation & replacement of existing tower &poles.

    Suyog Telematics Ltd Contact Details

    Suyog Telematics Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

    Phone - 91-22-67720300/400

    Fax - 91-22-28591568

    Email - investor@suyogtelematics.co.in

    Website - www.suyogtelematics.co.in