Saakshi Medtech & Panels Ltd

Registered Office: Plot # EL-23 J Blcok MIDC,Industrial Area Bhosari, Pune - 411026, Maharashtra, India. Phone : +91-020 39854400   Fax: Email : info@smtpl.co Website :www.smtpl.co

Initial public offer of upto 46,56,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Saakshi Medtech and Panels Limited ("The Company" or "SMTPL" or "The Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 2,35,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be 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 44,20,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the postissue paid-up equity share capital of the company. Price Band: Rs. 92 to Rs. 97 per equity share of face value of Rs. 10 each. The floor price is 9.2 times of the face value and the cap price is 9.7 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter. Issue Opens On Closes On 25-Sep-23 27-Sep-23 Money Payable On Application Allotment 92.00 0.00 Minimum Application for shares in Nos : 1200 Further Multiples of : 1200 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Hem Securities Ltd Project Financed through Current Offer (.Cr) 42.84   Post Issue Equity Share Capital (.Cr) 0.00 Issue Price () 92.00

Projects

Repayment in full or in part of certain of its outstanding borrowings Funding to meet working capital requirements General corporate purposes

Promoted By

Aniket Vijay Latkar

Chitra Vijay Latkar

Listing At

NSE - SME

Registrar to the Issue

No Data Available