IPO Synopsis

Waaree Renewables Technologies Ltd
Registered Office: 504-B Western Edge-1,Off W/E Highway Borivali (E),Mumbai-400066, Maharashtra
Tel. No: 91-22-43331500
Fax No:
Email: info@waareertl.com
Website: www.waareertl.com
Public issue of 23,04,000 equity shares of Rs. 10/- each ("Equity Shares") of Sangam Advisors Limited ("SAL" or The "Company" or The "Issuer") for cash at price of Rs. 22/- per share (The "Issue Price"), aggregating to Rs. 5.07 crores ("The Issue"), of which, 3,42,000 equity shares of Rs. 10/- each will be reserved for subscription by Market Makers to the issue (The "Market Makers Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 19,62,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.75% and 32.15%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10. The issue price is Rs. 22. The issue price is 2.20 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
24-Jul-2012 26-Jul-2012 ₹22.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of :6000
(₹ Cr) Lead Managers to the Issue
Project Cost 5.07 Aryaman Financial Services Ltd
Project Financed through Current Offer 5.07
Post Issue Equity Share Capital 6.10
Issue Price 22.00
Projects
Investments in listed / unlisted securities
General Corporate Purposes
Promoted By
Giza Estates Pvt Ltd
Listing At
BSE - SME
Registrar To The Issue