Registered Office:
Sanghvi House,105/2 Shivajinagar,
Pune - 411005,
Maharashtra, India.
Phone : 91-20-30533084
Fax : NA
Public issue of 27,48,000 equity shares of face value of (Rs) 10/- each fully paid of Sanghvi Brands Limited ("Sanghvi" or the "company" or the "issuer") for cash at a price of (Rs) 69/- per equity share (the "issue price") (including a share premium of (Rs) 59/- per equity share aggregating (Rs) 18.96 Crores (the "issue") by the Company, of which 1,40,000 equity shares of face value of (Rs)10/-each fully paid up will be reserved for Subscription by market maker to the issue ("market maker reservation portion"). The issue less the Market maker reservation portion i.e. Issue of 26,08,000 equity shares of face value of (Rs)10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.38% and 25.04% Respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10/- each. The issue price is (Rs) 69/- The issue price is 6.90 times the face value.
Opens On
Closes On
Application
Allotment
10-Nov-17
14-Nov-17
69.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
18.96
Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer
18.96
Post Issue Equity Share Capital
10.42
(a)Expansion outlets/distribution of current brand portfolio in India & Overseas (b)Acquisitions and development of new brands
Marketing & Sales promotion of the brands in the portfolio
Strategic Investments for business growth
General Corporate Purpose