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IPO

IPO Details


Shoora Designs Ltd
Registered Office: Diamond Aprt Co-op Hsg Society, LT H No.7/3388/A6thFlr C/1 601, Surat - 395003, Gujarat
Phone: +91 9004746705
Email: compliance@shooradesigns.com
Website: www.shooradesigns.com
Initial public issue of 4,23,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Shoora Designs Limited (the Company or the Issuer) for cash at a price of Rs. 48.00 per equity share including a share premium of Rs. 38.00 per equity share (the Issue Price) aggregating to Rs. 2.03 crores (The Issue), of which 27,000 equity shares for cash at a price of Rs. 48.00 per equity share including a share premium of Rs. 38.00 per equity share aggregating to Rs. 0.13 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 3,96,000 equity shares at a price of Rs. 48.00 per equity share aggregating to Rs. 1.90 crores is hereinafter referred to as the ?net issue?. the issue and the net issue will constitute 28.23% and 26.42% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 48.00 being 4.8 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
17-Aug-2023 21-Aug-2023 ₹ 48.00 ₹ 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(₹)Cr. Lead Managers to the Issue
Project Cost 1.78 Swaraj Shares and Securities Pvt Ltd
Project Financed through Current Offer 2.03
Post Issue Equity Share Capital 1.50
Issue Price ₹48.00
Projects
Working capital requirements
General corporate purposes
Promoted By
Satish K Kansodariya
Sejalben Satish Kansodariya
Rajeshbhai Labhubhai Mer
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

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NASDAQ

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