Shekhawati Industries Ltd - IPO

Shekhawati Industries Ltd IPO Details

Public issue of 1,20,00,000 equity shares of Rs. 10/- each issued for cash at a price of Rs. 30/- per equity share including a share premium of Rs. 20/- per equity share aggregating to Rs. 36.00 crores (The issue or The net issue) by Shekhawati Poly-Yarn Limited ('The company' or 'The issuer'). The face value of the share is Rs. 10/- each and the issue price is 3 times of the face value. The issue to the public will constitute 54.54% of the fully diluted post issue equity share capital of the company.Issue price: Rs. 30/- per equity share of face value of Rs. 10/- eachThe issue price is 3 times of the face value

Objective of issue

To acquire additional new 30 Twisting Machines. To acquire corporate office. To meet working capital requirements.

Shekhawati Industries Ltd Contact Details

Shekhawati Industries Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

Phone - 91-22-2851 5606

Fax - 91-22-2851 2885

Email - cs@shekhawatiyarn.com

Website - www.shekhawatiyarn.com