| SPP Polymer Ltd |
|
Registered Office:
Bearing # DPT212 DLF Primer TW,Okhla Industrial Area Phase I
,
Delhi
-
110020
,
Delhi
, India.
Phone :
+91 91 59442 97751 Fax:
Email : cs@spppolymer.com
Website : www.spppolymer.com
|
Initial public issue of 41,50,000 equity shares of face value of  10/- each of SPP Polymer Limited ("SPP Polymer" or the "Company" or the "Issuer") for cash at a price of 59/- per equity share including a share premium of 49/- per equity share (the "Issue Price") aggregating to 24.49/-crores ("The Issue"), of which 2,10,000 equity shares of face value of 10/- each for cash at a price of 59 /- per equity share including a share premium of 49 per equity share aggregating to 1.24 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 39,40,000 equity shares of face value of 10/- each at a price of 59 /- per equity share aggregating to 23.25/- crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.96 % and 25.59 % respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is 10 /- each and the issue price is 5.9 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 10-Sep-24 |
12-Sep-24 |
Rs59.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
23.49 |
| Interactive Financial Services Ltd |
|
| Project Financed through Current Offer |
24.49 |
|
| Post Issue Equity Share Capital |
15.39 |
|
| Issue Price |
Rs59.00 |
|
|