IPO Synopsis

Sabari Inn Ltd
Registered Office: Quality Inn Sabari No. 29,Thirumalai Pillai Road T Nagar,Chennai-600017, Tamil Nadu
Tel. No: 91-044-28343030
Fax No: 91-044-28345868
Email: csco@sabarihotels.com
Website: www.sabarihotels.com
Public issue of [*] equity shares of face value Rs.10/- each ("Equity Shares") of Sabari Inn Limited (The "Company" or The "Issuer") for cash at a price of Rs.[*] per equity share (including share premium of Rs.[*] per equity share), consisting of a fresh issue of [*] equity shares aggregating to Rs.125.00 crores and an offer for sale of [*] equity shares aggregating to Rs.45.00 crores by "ICICI Prudential Asset Management Company Limited; portfolio managers on behalf of its clients more particularly described as India opportunities portfolio - ICICI Prudential PMS India Real Estate Securities Series-I" and "India Opportunity Real Estate Fund", ("the selling shareholders"), total aggregating to Rs.170.00 crores ("The Issue"). Upto [*] equity shares aggregating to Rs.1.00 crores will be reserved in the issue for subscription by eligible employees ("the employee reservation portion"). The issue less the employee reservation portion is refered to as the "Net Issue". The issue would constitute [*]% of the fully diluted post issue paid up capital of the company. The net issue to public would constitute [*]% of the fully diluted post issue paid up capital of the company. Price band: Rs. [*] to Rs.[*] per equity share of face value Rs.10/- each The issue price is [*] times of the face value at the lower end of the price band and [*] times of the face value at the higher end of the price band
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of :0
(₹ Cr) Lead Managers to the Issue
Project Cost 174.51 Keynote Corporate Services Ltd
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Financing of expansion/acq./sett. up of new hotels
Repayment of the existing debts
General corporate purpose
Promoted By
K R V Ramani
Aruna Ramani
Ramani (HUF)
Listing At
BSE
NSE
Registrar To The Issue