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IPO Details


Vera Synthetic Ltd
Registered Office: Office No. UL-27 Pattani Plaza, Devubag Dairy Road, Bhavnagar - 364002, Gujarat
Phone: 91-0278-2525434
Email: info@sujlonropes.com
Website: www.sujlonropes.com
Initial public issue of 13,35,000 equity shares of face value of Rs. 10/- each (equity shares) of Vera Synthetic Limited (the company or the issuer) for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the issue price), aggregating Rs. 5.34. Crores (the issue), of which 69,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 0.28 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 12,66,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 5.06 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.05% and 25.65% respectively of the fully diluted 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 of Rs. 40/- is 4 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-2018 04-Apr-2018 40.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
()Cr. Lead Managers to the Issue
Project Cost 5.34 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 5.34
Post Issue Equity Share Capital 4.94
Issue Price 40.00
Projects
Funding the working capital requirements of the company
General corporate purpose
Promoted By
Sunil Makwana
Nagin Makwana
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

18,013.98 440.68 (2.51%)

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