Sonu Infratech Ltd - IPO

Sonu Infratech Ltd IPO Details

Public issue of 24,00,000 equity shares of face value of Rs. 10 each of Sonu Infratech Limited (Sonu or the Company or the Issuer) for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share (the Issue Price) aggregating to Rs. 8.64 crores (The Issue), of which 1,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 0.43 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 22,80,000 equity shares of face value of Rs. 10 each at a price of Rs. 36 per equity share including a share premium of Rs. 26 per equity share aggregating to Rs. 8.21 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.57% and 29.04% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price isRs. 36. The issue price is 3.6 times of the face value.Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Objective of issue

To Meet Incremental Working Capital Requirements. General Corporate Purposes.

Sonu Infratech Ltd Contact Details

Sonu Infratech Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info@sonuinfratech.com

Website - www.sonuinfratech.com