Sirohia & Sons Ltd - IPO

Sirohia & Sons Ltd IPO Details

Public issue of 30,00,000 equity shares of Rs. 10/- each (equity shares) of Sirohia & Sons Limited (SSL or the Company or the Issuer) for cash at a price of Rs. 12/- per share including a share premium of Rs. 2/- per equity share (the issue price), aggregating to Rs. 3.60 crores (the issue), of which, 1,50,000 equity shares of Rs. 10 each 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. Issue of 28,50,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.25% and 27.79%, respectively of the post issue paid up equity share capital of the company.Issue price : Rs. 12 per equity share of face value of Rs. 10/- each.The issue price is 1.2 times of the face value of equity share.

Objective of issue

Long term working capital. General corporate purpose.

Sirohia & Sons Ltd Contact Details

Sirohia & Sons Ltd, 19/20 Jaferbhoy Ind, 1st Floor Makwana Rd, Marol Naka, Mumbai - 400 059

Phone - 91-022-28594060

Fax - 91-022-28503748

Email - info@sirohia.com

Website - www.sirohia.com