IPO Synopsis

Satchmo Holdings Ltd
Registered Office: Nitesh Timesquare 7th Floor,No 8 MG Road,Bangalore-560001, Karnataka
Tel. No: 91-80-40174000
Fax No: 91-80-25550825
Email: cs@nelholdings.in; investor@nelholdings.in
Website: www.satchmoholdings.in
Public issue of 75,000,000 equity shares of Rs. 10 each of Nitesh Estates Limited (The "Company" or the "Issuer") for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) aggregating up to Rs. 405.00 crores (the "Issue"). The Issue will constitute 51.43% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 54 per equity share of face value Rs. 10 each The Issue price is 5.4 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
23-Apr-2010 27-Apr-2010 ₹54.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 100 Further Multiples of :100
(₹ Cr) Lead Managers to the Issue
Project Cost 1,020.77 Enam Securities Pvt Ltd
Project Financed through Current Offer 405.00 ICICI Securities Ltd
Post Issue Equity Share Capital 145.83 JM Financial Consultants Pvt Ltd
Issue Price 54.00 Kotak Mahindra Capital Company Ltd
Projects
Acquire Joint Development Rights of the company
Fund the existing Subsi./Asso.,for Repay. of loans
Repay certain loans of the company
Fund the expenditure for general corporate purpose
Promoted By
Nitesh Shetty
Pushpalatha V Shetty
Nitesh Industries Pvt Ltd
Listing At
BSE
NSE
Registrar To The Issue