Public issue of 18,12,000 equity shares of Rs. 10/- each ("Equity Shares") of Suyog Telematics Limited ("STL" or The "Company" or The "Issuer") for cash at a price of Rs. 25/- per share (The "Issue Price"), aggregating to ` 4.53 crores ("The Issue"), of which, 1,08,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 17,04,000 equity shares of Rs. 10/- each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.04% and 26.37 %, respectively of the post issue paid up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Dec-2013
07-Jan-2014
₹ 25.00
₹ 0.00
Minimum Application for shares in Nos : 6000.0
Further Multiples of : 6000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
4.53
Aryaman Financial Services Ltd
Project Financed through Current Offer
4.53
Post Issue Equity Share Capital
6.46
Issue Price
₹25.00
Projects
Installation of 10 new roof top Towers
Installation of 100 new ground based poles
Upgradation & replacement of existing tower &poles