IPO Synopsis

Starlit Power Systems Ltd
Registered Office: A-1/51 LGF,Safdarjung Enclave,New Delhi-110029, Delhi
Tel. No: 91-11-26102570/46037870
Fax No: 91-11-26102670
Email: secretarial@starlitgroup.net
Website: www.starlitpower.com
Public issue of 16,40,000 equity shares of face value of Rs. 10/- each fully paid of Starlit Power Systems Limited ("SPSL" or the "company" or the "issuer") for cash at a price of Rs. 18/- per equity share (the "issue price") (including a share premium of Rs. 8/- per equity share aggregating Rs. 2.95 crores (the "issue") by the company, of which 88,000 equity shares of Rs. 10/- fully paid each will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 15,52,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.82% and 25.38%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 18/-. The issue price is 1.80 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-2014 10-Oct-2014 ₹18.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 8000 Further Multiples of :8000
(₹ Cr) Lead Managers to the Issue
Project Cost 2.95 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 2.95
Post Issue Equity Share Capital 6.12
Issue Price 18.00
Projects
Working capital requirement
General corporate purposes
Promoted By
Sachin Shridhar
Starlit Finance Ltd
Listing At
BSE - SME
Registrar To The Issue