Registered Office:
Bearing # DPT212 DLF Primer TW,Okhla Industrial Area Phase I,
Delhi
-
110020,
Phone : +91 91 59442 97751
Fax : NA
Initial public issue of 41,50,000 equity shares of face value of (Rs) 10/- each of SPP Polymer Limited ("SPP Polymer" or the "Company" or the "Issuer") for cash at a price of (Rs) 59/- per equity share including a share premium of (Rs) 49/- per equity share (the "Issue Price") aggregating to (Rs) 24.49/-crores ("The Issue"), of which 2,10,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 59 /- per equity share including a share premium of (Rs) 49 per equity share aggregating to (Rs) 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 (Rs) 10/- each at a price of (Rs) 59 /- per equity share aggregating to (Rs) 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 (Rs) 10 /- each and the issue price is 5.9 times of the face value.
Opens On
Closes On
Application
Allotment
10-Sep-24
12-Sep-24
59.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
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