Sunrise Efficient Marketing Ltd - IPO

Sunrise Efficient Marketing Ltd IPO Details

Initial public issue of 13,80,000 equity shares of face value of Rs. 10 each (Equity Shares) of Sunrise Efficient Marketing Limited (The Company or the Issuer) for cash at a price of Rs. 121 per equity share (the Issue Price), (including a premuim of Rs. 111 per equity share), aggregating Rs. 16.70 croress (The Issue), of which 78,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 121 each aggregating Rs. 0.94 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 13,02,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 121 per equity share, aggregating to Rs. 15.75 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.70 % and 26.04 % 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 is 12.1 times of the face value.Bid can be made for minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Objective of issue

Meeting incremental working capital requirements. General corporate purposes.

Sunrise Efficient Marketing Ltd Contact Details

Sunrise Efficient Marketing Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - lejas@sunrisemarketing.net

Website - www.sunriseefficientmarketing.com