Initial public offer of upto 46,56,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Saakshi Medtech and Panels Limited ("The Company" or "SMTPL" or "The Issuer") at an issue price of Rs. 97 per equity share for cash, aggregating up to Rs. 45.16 crores ("Public Issue") out of which 2,35,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating Rs. 2.28 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,20,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating upto Rs. 42.88 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Sep-2023
27-Sep-2023
₹ 97.00
₹ 0.00
Minimum Application for shares in Nos : 1200.0
Further Multiples of : 1200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
40.68
Hem Securities Ltd
Project Financed through Current Offer
45.16
Post Issue Equity Share Capital
17.66
Issue Price
₹97.00
Projects
Repayment in full or in part of certain of its outstanding borrowings