Public issue of 40,70,000 equity shares of Rs. 10/- each ("Equity Shares") of Sabar Flex India Limited ("SFIL" or the "Company") for cash at a price of Rs. 11 per share (the "Issue Price"), aggregating to Rs. 4.48 crores ("The Issue"), of which 2,10,000 equity shares of Rs. 10/- each 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 38, 60,000 equity shares of Rs. 424.60 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.01 % and 25.61 %, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10/- and the issue price is 1.1 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
08-Sep-2022
13-Sep-2022
₹ 11.00
₹ 0.00
Minimum Application for shares in Nos : 10000.0
Further Multiples of : 10000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
4.00
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer
4.48
Post Issue Equity Share Capital
15.07
Issue Price
₹11.00
Projects
Funding the working capital requirements of the company