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Spectrum Electrical Industries Ltd
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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
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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
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Opens On
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Closes On
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Application
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Allotment
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17-Sep-18
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21-Sep-18
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Rs 65.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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25.87
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| Arihant Capital Markets Ltd |
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Project Financed through Current Offer
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25.87
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Post Issue Equity Share Capital
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15.12
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Issue Price
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Rs 65.00
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