IPO

Shoora Designs Ltd

Initial public issue of 4,23,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Shoora Designs Limited (the "Company" or the "Issuer") for cash at a price of Rs. 48.00 per equity share including a share premium of Rs. 38.00 per equity share (the "Issue Price") aggregating to Rs. 2.03 crores ("The Issue"), of which 27,000 equity shares for cash at a price of Rs. 48.00 per equity share including a share premium of Rs. 38.00 per equity share aggregating to Rs. 0.13 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 3,96,000 equity shares at a price of Rs. 48.00 per equity share aggregating to Rs. 1.90 crores is hereinafter referred to as the ænet issueÆ. the issue and the net issue will constitute 28.23% and 26.42% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 48.00 being 4.8 times of the face value.
Issue
Opens On Closes On
17-Aug-23 21-Aug-23
Money Payable On
Application Allotment
48.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 1.78 Swaraj Shares and Securities Pvt Ltd
Project Financed through Current Offer (.Cr) 2.03  
Post Issue Equity Share Capital (.Cr) 1.50
Issue Price () 48.00
Projects
Working capital requirements
General corporate purposes
Promoted By
Satish K Kansodariya
Sejalben Satish Kansodariya
Rajeshbhai Labhubhai Mer
Listing At
BSE - SME
Registrar to the Issue
No Data Available