| Steelman Telecom Ltd |
|
Registered Office:
Rishi Tower Premises No 02-315,Street No 315 New Town
,
Kolkata
-
700156
,
West Bengal
, India.
Phone :
91-330-5785325 Fax:
Email : info@steelmantelecom.in
Website : www.steelmantelecom.com
|
Public issue of 27,10,800 equity shares of face value of  10.00 each ("Equity Shares") of Steelman Telecom Limited (the "Company" or the "Issuer") for cash at a price of 96.00 per equity (the "Issue Price") aggregating to 26.02 crores ("The Issue") comprising of a fresh issue of 18,97,200 equity shares aggregating to 18.21 crores (the "Fresh Issue") and an offer for sale of 8,13,600 equity shares by the selling shareholders ("Offer for Sale") aggregating to 7.81 crores of which 135,000 equity shares aggregating to 1.30 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 25,75,200 equity shares aggregating to 24.72 crores (the "Net Issue"). The issue and the net issue will constitute 28.02% and 26.61% respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is 10.00 and the issue price is 9.6 times of the face value of the equity shares.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 26-Sep-22 |
29-Sep-22 |
Rs96.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
17.10 |
| Gretex Corporate Services Ltd |
|
| Project Financed through Current Offer |
26.02 |
|
| Post Issue Equity Share Capital |
9.68 |
|
| Issue Price |
Rs96.00 |
|
|