|
Srivari Spices & Foods Ltd
|
Registered Office:
# 5-105/4/A, SY # 234/A Sriram,Indus Area Kattedan Jalpally
,
Hyderabad
-
500077
,
Telangana
, India.
Phone :
+91 40 3576 8663 Fax:
Email : info@srivarispices.com
Website : www.srivarispices.com
|
|
Initial public issue of 21,42,000 equity shares of face value of Rs10/- each ("Equity Shares") of Srivari Spices and Foods Limited (the "Company" or "Srivari" or "Issuer") at an issue price of 42 per equity share (including a share premium of Rs32 per equity share) for cash, aggregating up to
Rs9.00 crores* ("Public Issue") out of which 1,08,000 equity shares of face value of Rs10/- each, at an issue price of Rs42 per equity share for cash, aggregating Rs0.46 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 20,34,000 equity shares of face value of Rs10/- each, at an issue price of Rs42 per equity share for cash, aggregating up to Rs8.54 crores* is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 29.99 % and 28.48 % respectively of the post-issue paid-up equity share capital of the company.
*Subject to finalization of basis of allotment
The face value of the equity share is Rs10 and offer price is Rs42.
The offer price is 4.2 times of the face value of the equity share.
|
|
|
|
Opens On
|
Closes On
|
Application
|
Allotment
|
|
|
07-Aug-23
|
09-Aug-23
|
Rs 42.00-0.00
|
Rs 0.00-0.00
|
|
Minimum Application for shares in Nos :3000 Further
Multiples of :3000
|
|
|
|
(Rs Cr)
|
Lead Managers to the Issue
|
|
|
Project Cost
|
8.07
|
| GYR Capital Advisors Pvt Ltd |
|
|
Project Financed through Current Offer
|
9.00
|
|
|
Post Issue Equity Share Capital
|
7.14
|
|
|
Issue Price
|
Rs 42.00
|
|
|
|