| Srinibas Pradhan Constructions Ltd |
|
Registered Office:
C/o-Srinibas Pradhan Nr.Chukan,PO-Lamtibahal
,
Jharsuguda
-
768216
,
Orissa
, India.
Phone :
+91 6645 251105 Fax:
Email : info@srinibaspradhan.in
Website : www.srinibaspradhan.com
|
Initial public offer of 20,73,600 equity shares of face value of  10/- each (the "Equity shares") of Srinibas Pradhan Constructions Limited ("SPCL" or the "Company" or the "Issuer") at an offer price of 98 per equity share for cash, aggregating up to 20.32 Crores ("Public Offer") comprising of a fresh issue of 17,13,600 equity shares aggregating to 16.79 Crores(the "Fresh Issue") and an offer for sale of 3,60,000 equity shares by the selling shareholders ("Offer For Sale") aggregating to 3.53 Crores comprising; 1,80,000 equity shares aggregating up to 1.76 Crores by Ramakanta Pradhan and 1,80,000 equity shares aggregating up to 1.76 Crores by Srinibas Pradhan (Collectively Refferd as "Selling Shareholders") out of which 1,04,400 equity shares of face value of 10/- each, at an offer price of 98 per equity share for cash, aggregating 1.02 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 19,69,200 equity shares of face value of 10/- each, at an offer price of 98 per equity share for cash, aggregating up to 19.30 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.38% and 25.05% respectively of the post- offer paid-up equity share capital of the company.
Price Band: 98/- for equity share of face value of 10 each.
The floor price is 9.8 times of the face value of the equity shares.
Bids can made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 06-Mar-26 |
10-Mar-26 |
Rs98.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2400 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
14.76 |
| Fast Track Finsec Pvt Ltd |
|
| Project Financed through Current Offer |
20.32 |
|
| Post Issue Equity Share Capital |
7.86 |
|
| Issue Price |
Rs98.00 |
|
|