IPO Synopsis

BF Industrial Technology & Solutions Ltd
Registered Office: 224/6-7 GIDC Industrial Estate,Waghodia,Vadodara-391760, Gujarat
Tel. No: 91-2668-673100
Fax No: 91-2668-673135
Email: ho@sanghviforge.com
Website: www.sanghviforge.com
Public issue of 4341195 equity shares of Rs. 10/- each at a price of Rs. 85/- per equity share (including a premium of Rs. 75/- per equity share) for cash aggregating upto Rs. 36.90 crores (The "Issue"), by Sanghvi Forging and Engineering Limited (The "Company" or The "Issuer"). The issue will constitute 34.2% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 85 per equity share of face value of Rs. 10 each The issue price is 8.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
04-May-2011 09-May-2011 ₹85.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 70 Further Multiples of :70
(₹ Cr) Lead Managers to the Issue
Project Cost 120.39 Arihant Capital Markets Ltd
Project Financed through Current Offer 36.90
Post Issue Equity Share Capital 12.69
Issue Price 85.00
Projects
To part finance new project- Open die forging unit
To meet req. of margin money for working capital
Promoted By
Babulal Sanghvi
Jayanti Sanghvi
Naresh Sanghvi
Listing At
BSE
NSE
Registrar To The Issue