IPO

Sagar Diamonds Ltd

Public issue of upto 33,81,000 equity shares of face value of Rs. 10.00 each of Sagar Diamonds Limited ("sagar" or the "company" or the "issuer") for cash at a price of Rs.45 per equity share including a share premium of Rs. 35 per equity share (the "issue price") aggregating to Rs. 15.21 Crores ("the issue"), of which 1,71,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share aggregating to Rs. 0.77 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 32,10,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 45 per equity share aggregating to Rs. 14.44 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.74% and 25.39%, respectively of the post issue paid up equity share capital of the company. Issue Price: Rs.45 per equity share. The face value of the equity share is Rs.10 each. The offer price is 4.5 times the face value.
Issue
Opens On Closes On
14-Sep-17 18-Sep-17
Money Payable On
Application Allotment
45.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer (.Cr) 15.21  
Post Issue Equity Share Capital (.Cr) 12.64
Issue Price () 45.00
Projects
To meet working capital requirement
To meet General Corporate Purpose
Promoted By
Vaibhav Dipak Shah
SG Diamonds LLP
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd