IPO Synopsis

Spectrum Electrical Industries Ltd
Registered Office: Plot No V-195 MIDC Area,Ajanta Road , Jalgaon - 425003 , Maharashtra , India.
Phone : 91-257-2210192   Fax:
Email :  spectrum.deepak@gmail.com  
Website :  www.spectrum-india.com
Public issue of 39,80,000 equity shares of Rs10/- each of Spectrum Electrical Industries limited ("the company" or the "issuer") for cash at a price of Rs65/- per share (the "issue price"), aggregating to Rs25.87 Crores ("the issue"), of which, 2,00,000 equity shares of rs 10/- each will be reserved for subscription by market maker to the issue (as defined in the section "definitions and abbreviations") (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 37,80,000 equity shares of Rs10/- each for cash at a price of Rs65/- per share aggregating to Rs24.57 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.32% and 25.00%, respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs10/- each and the issue price is 6.5 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
17-Sep-18 21-Sep-18 Rs 65.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000
  (Rs Cr) Lead Managers to the Issue
Project Cost 25.87
Arihant Capital Markets Ltd
Project Financed through Current Offer 25.87
Post Issue Equity Share Capital 15.12
Issue Price Rs 65.00
To Set up a Zinc Plating Plant at Umale General Corporate Purposes
To Meet Long Term Working Capital Requirements
Promoted By Listing At Registrar to the Issue
  Deepak Chaudhari
 Bigshare Services Pvt Ltd

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

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