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South West Pinnacle Exploration Ltd
Registered Office: Ground Plaza, No 15 Sector-44, Gurgaon - 122003, Haryana
Phone: 91-124-4235400
Email: secretarial@southwestpinnacle.com
Website: www.southwestpinnacle.com
Initial public offer consisting of fresh issue of 45,96,800 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 78 Per equity share (the issue price) (including a share premium of Rs. 68 Per equity share) aggregating up to Rs. 35.86 crores (the issue), of which 2,35,200 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 1.83 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion) and 80,000 Equity shares of Rs. 10/- each for cash at price of Rs. 78 Per equity share aggregating Rs. 0.62 crores will be reserved for subscription by eligible employees (the employees reservation portion). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 42,81,600 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 33.40 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 32.95% and 30.69% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.78 and is 7.8 times the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
06-Feb-2018	08-Feb-2018	₹ 78.00	₹ 0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
	(₹)Cr.	Lead Managers to the Issue
Project Cost	36.28	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer	35.86
Post Issue Equity Share Capital	13.95
Issue Price	₹78.00

Projects
Repayment / Prepayment of certain unsecured borrowings availed by the company
Funding the working capital requirements of the company
General corporate purposes
Repayment/prepayment of certain secured borrowings availed by the company
Purchase of Machinery

Promoted By
Vikas Jain
Piyush Jain

Listing At
NSE - SME

Registrar to the Issue
Link Intime India Pvt Ltd

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