Registered Office:
101 1st Floor Chirag Arcade,Behind Nagrik Stores E R Road,
Thane (West) - 400601,
Maharashtra, India.
Phone : 91-22-25334903
Fax : NA
Public issue of 31,08,000 equity shares of face value of (Rs) 10 each of Siddharth Education Services Limited (the "company" or the "issuer") for cash at a price of (Rs) 35 per equity share including a share premium of (Rs) 25 per equity share (the "issue price") aggregating to (Rs) 10.88 Crores ("the issue"), of which 1,56,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 35 per equity share including a share premium of 25 per equity share aggregating to (Rs) 0.55 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 29,52,000 equity shares of face value of (Rs) 10 each at a price of (Rs) 35 per equity share aggregating to (Rs) 10.33 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.79% and 25.45% respectively of the post issue paid up equity share capital of the company.
Issue Price: (Rs)35 per equity share. The face value of the equity share is (Rs)10 each. The offer price is 3.5 times the face value.
Opens On
Closes On
Application
Allotment
29-Sep-17
05-Oct-17
35.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
10.88
Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer
10.88
Post Issue Equity Share Capital
11.60
Establishment of new coaching centres
Acquisition of human resource training centres
Digital marketing and online training
General corporate purpose