IPO

Shree Marutinandan Tubes Ltd

Public issue of 10,00,000 equity shares of face value of Rs. 10/- each of shree Marutinandan Tubes Limited ("Shree" or the "Company" or the "Issuer") for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share (the "Issue Price") aggregating to Rs. 14.30 crores ("The Issue"), of which 50,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 0.72 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 9,50,000 equity shares of face value of Rs. 10/- each at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 13.59 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.90% and 27.46% respectively of the post issue paid up equity share capital of the company.
Issue
Opens On Closes On
12-Jan-24 16-Jan-24
Money Payable On
Application Allotment
143.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 13.60 Swastika Investmart Ltd
Project Financed through Current Offer (.Cr) 14.30  
Post Issue Equity Share Capital (.Cr) 3.46
Issue Price () 143.00
Projects
To meet incremental working capital requirements
General corporate purposes
Promoted By
Vikram Shivratan Sharma
Bharat Shivratan Sharma
Kusumlata Shivratan Sharma
Listing At
BSE - SME
Registrar to the Issue
No Data Available