IPO

Shree Ganesh Remedies Ltd

Public issue of 23,76,000 equity shares of face value of Rs. 10/- each ("equity shares") of Shree Ganesh Remedies Limited ("the company" or the "issuer") for cash at a price of Rs. 36/- per equity share, including a premuim of Rs 26/- per equity share (the "issue price"), aggregating Rs. 8.55 Crores ("the issue"), of which 1,26,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 36/- each aggregating to 0.45 Crores Will be reserved for subscription by market maker to the issue (the "market maker reservation Portion"). The issue less market maker reservation portion i.e. Issue of 22,50,000 equity shares of face Value of Rs. 10 each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 8.10 Crores is Hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.48% and 25.08%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price Rs 36 is 3.60 times of the face value of the Equity shares.
Issue
Opens On Closes On
28-Sep-17 05-Oct-17
Money Payable On
Application Allotment
36.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 8.55 Fedex Securities Ltd
Project Financed through Current Offer (.Cr) 8.55  
Post Issue Equity Share Capital (.Cr) 8.97
Issue Price () 36.00
Projects
Setting up a new Choloro compound derivative manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat
General corporate purposes
Promoted By
Chandubhai Kothia
Hasmukh Kothia
Ashokkumar Kothia
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd