Sonalis Consumer Products Ltd - IPO

Sonalis Consumer Products Ltd IPO Details

Initial public issue of upto 9,44,000 equity shares of face value of Rs. 10 each of Sonalis Consumer Products Limited (the Company or the Issuer) for cash at a price of Rs. 30/- per equity share including a share premium of Rs. 20/- per equity share (the Issue Price) aggregating to Rs. 2.83 crores (The Issue), of which up to 52,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 30/- per equity share including a share premium of Rs. 20/- per equity share aggregating to Rs. 0.16 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 8,92,000 equity shares of face value of Rs. 10 each at a price of Rs. 30/- per equity share aggregating to Rs. 2.67 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 47.22% and 44.62% respectively of the post issue paid up equity share capital of the company.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Sonalis Consumer Products Ltd Contact Details

Sonalis Consumer Products Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - cs@appetitefood.in

Website - www.appetitefood.in