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IPO Details


Spectrum Electrical Industries Ltd
Registered Office: Plot No V-195 MIDC Area, Ajanta Road, Jalgaon - 425003, Maharashtra
Phone: 91-257-2210192
Email: spectrum.deepak@gmail.com
Website: www.spectrum-india.com
Public issue of 39,80,000 equity shares of Rs.10/- each of Spectrum Electrical Industries limited (the company or the issuer) for cash at a price of Rs.65/- per share (the issue price), aggregating to Rs.25.87 Crores (the issue), of which, 2,00,000 equity shares of rs 10/- each will be reserved for subscription by market maker to the issue (as defined in the section definitions and abbreviations) (the market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 37,80,000 equity shares of Rs.10/- each for cash at a price of Rs.65/- per share aggregating to Rs.24.57 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.32% and 25.00%, respectively of the 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 is 6.5 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
17-Sep-2018 21-Sep-2018 65.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
()Cr. Lead Managers to the Issue
Project Cost 25.87 Arihant Capital Markets Ltd
Project Financed through Current Offer 25.87
Post Issue Equity Share Capital 15.12
Issue Price 65.00
Projects
To Set up a Zinc Plating Plant at Umale
To Meet Long Term Working Capital Requirements
General Corporate Purposes
Promoted By
Deepak Chaudhari
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services 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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