Shree Pushkar Chemicals & Fertilizers Ltd - IPO

Shree Pushkar Chemicals & Fertilizers Ltd IPO Details

Public issue of 1,07,69,200 equity shares of face value of Rs. 10 each (Equity shares) of Shree Pushkar Chemicals & Fertilisers Limited (The company or the issuer) for cash at a price of Rs. 65 per equity share (including a share premium of Rs. 55 per equity share) aggregating upto Rs. 70.00 crores consisting of fresh issue of 87,42,611 equity shares aggregating upto Rs. 56.83 crores (the fresh issue) and an offer for sale of upto 2,026,589 equity shares by the selling shareholders aggregating upto Rs. 13.17 crores (The offer for sale and The Fresh issue. The issue would constitute 35.64% of the fully diluted post issue paid up equity share capital of the company.Issue Price : Rs. 65 per equity share of face value of Rs. 10 each. The Issue Price is 6.5 times the face value.

Objective of issue

Acquisition of an existing factory within MIDC. Setting up of facilities at B-97. Setting up of additional effluent treatment plant. Construction of additional godown(s). General corporate purposes.

Shree Pushkar Chemicals & Fertilizers Ltd Contact Details

Shree Pushkar Chemicals & Fertilizers Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - cosec@shreepushkar.com, info@shreepushkar.com

Website - www.shreepushkar.com