Safa Systems & Technologies Ltd

Registered Office: 46/2631 B Safa Arcade,Kaniyapilly Rd Chakkaraparambu, Ernakulam - 682028, Kerala, India. Phone : 91-7593001140   Fax: Email : office@sssinfo.in Website :www.sssinfo.in

Initial public offer of 40,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Safa Systems & Technologies Limited (The "Company" or the "Issuer") for cash at a price of Rs. 10 per equity share at par (The "Issue Price"), aggregating to Rs. 4.00 crores ("The Issue"), of which 2,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 0.20 crores will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 38,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 3.80 crores is here inafter referred to as "The Net Issue". The issue and the net issue will constitute 26.53% and 25.20% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 10 i.e. 1 time of the face value of the equity shares. The minimum lot size is 10,000 equity shares. Issue Opens On Closes On 28-Jan-22 01-Feb-22 Money Payable On Application Allotment 10.00 0.00 Minimum Application for shares in Nos : 10000 Further Multiples of : 10000 Cr Lead Managers to the Issue Project Cost (.Cr) 4.00 Finshore Management Services Ltd Project Financed through Current Offer (.Cr) 4.00   Post Issue Equity Share Capital (.Cr) 15.08 Issue Price () 10.00

Projects

To Meer Working Capital Requirements General Corporate Expenses

Promoted By

Faizal Bavaraparambil Abdul Kh

Bavaraparambil Abdul Kadher Hy

Listing At

BSE - SME

Registrar to the Issue

No Data Available