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IPO

IPO Details


Shashwat Furnishing Solutions Ltd
Registered Office: 121 Mahaveer Nagar, Jain Colony, Jodhpur - 342001, Rajasthan
Phone: 91-9001269000
Email: cs@handicraftsvillage.com
Website: www.handicraftsvillage.com
Public issue of 5,58,000 equity shares of Rs. 10 each (Equity Shares) of Shashwat Furnishing Solutions Ltd (SFSL or the Company or the Issuer) for cash at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share (The Issue Price) aggregating to Rs. 2.51 crores (The Issue) of which upto 30,000 equity shares of Rs. 10 each for a cash at a price of Rs. 45 per equity share including a share premiun of Rs. 35 per equity share aggregating to Rs. 0.14 crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 5,28,000 equity shares of Rs. 45 each of including a share premium of Rs. 35 per equity share aggregating to Rs. 2.37 crores is hereinafter referred to as Net Issue. The issue and the net issue will constitute 26.72% and 25.29% 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 of Rs. 45 is 4.5 times of the face value of the equity shares. Bids can be made foa a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Apr-2022 25-Apr-2022 ₹ 45.00 ₹ 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(₹)Cr. Lead Managers to the Issue
Project Cost 2.11 Beeline Broking Ltd
Project Financed through Current Offer 2.51
Post Issue Equity Share Capital 2.09
Issue Price ₹45.00
Projects
Working Capital Requirements
General Corporate Expenses
Promoted By
Hitesh Karnawat
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd
KFin Techologies Ltd

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