Spinaroo Commercial Ltd |
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Registered Office:
Jalan Ind.Complex Gate-1 Right,Lane-6 P.O. Jangalpur Begri
,
Howrah
-
711411
,
West Bengal
, India.
Phone :
+91 96747 03249 Fax:
Email : compliance@spino.co.in
Website : www.spino.co.in
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Initial public offer of 19,94,000 equity shares of face value of 10/- each ("Equity Shares") of Spinaroo Commercial Limited (The "Company" or the "Issuer") for cash at a price of 51/- per equity share, including a share premium of 41/- per equity share (The "Issue Price"), aggregating to 10.17 crores ("The Issue"), of which 1,00,000 equity shares of face value of 10/- each for cash at a price of 51/- per equity share, aggregating to 0.51 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Peservation Portion"). The issue less market maker reservation portion i.e. issue of 18,94,000 equity shares of face value of 10/- each for cash at a price of 51/- per equity share, aggregating to 9.66 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 28.51% and 27.08% respectively of the post issue paidup equity share capital of the Company.
The face value of the equity share is 10/- each and the issue price is 51/- each i.e., 5.10 times of the face value of the equity shares.
The minimum lot size is 2,000 equity shares.
|
Issue |
Money Payable On |
|
Opens On |
Closes On |
Application |
Allotment |
|
28-Mar-25 |
03-Apr-25 |
Rs51.00-0.00 |
Rs0.00-0.00 |
Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
|
RsCr |
Lead Managers to the Issue |
|
Project Cost |
9.13 |
Finshore Management Services Ltd |
|
Project Financed through Current Offer |
10.17 |
|
Post Issue Equity Share Capital |
6.99 |
|
Issue Price |
Rs51.00 |
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