| Public issue of 30,00,000 equity shares of Rs. 10/- each ("equity shares") of Sirohia & Sons Limited ("SSL" or the "Company" or the "Issuer") for cash at a price of Rs. 12/- per share including a share premium of Rs. 2/- per equity share (the "issue price"), aggregating to Rs. 3.60 crores ("the issue"), of which, 1,50,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 28,50,000 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 29.25% and 27.79%, respectively of the post issue paid up equity share capital of the company.
Issue price : Rs. 12 per equity share of face value of Rs. 10/- each.
The issue price is 1.2 times of the face value of equity share.
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