IPO Synopsis

Starlineps Enterprises Ltd
Registered Office: Office No 805 Solaris Bay view,Near Iscon Mall Piplod,Surat-395007, Gujarat
Tel. No:
Fax No:
Email: info@puregiftcarat.com
Website: www.starlineps.com
Public issue of 57,30,000 equity shares of Rs.10 each (the "equity share") of Pure Giftcarat Ltd ("PGL" or the "Company") for cash at a price of Rs.13 each per share (the "issue price") aggregating to Rs. 7.45 crores ("the issue"), of which 2,90,000 equity shares of Rs.10 each will be reserved for subscription by marketmaker to the issue (as defined in the section "definitions and abbreviations") (the'market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 54,40,000 equity shares of Rs.13 each is hereinafter referred to as the "net issue" aggregating up to Rs.7.07 crores (the "issue"). The issue and the net issue will constitute 26.51% and 25.17%, respectively of the post issue paid-up equity share capital of the company. The face value of equity share is Rs.10 each and the issue price is Rs.13 each. i.e. 1.30 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Apr-2017 28-Apr-2017 ₹13.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 10000 Further Multiples of :10000
(₹ Cr) Lead Managers to the Issue
Project Cost 7.45 Navigant Corporate Advisors Ltd
Project Financed through Current Offer 7.45
Post Issue Equity Share Capital 21.62
Issue Price 13.00
Projects
To meet working capital requirement
General corporate purpose
Promoted By
Varshaben Koradiya
Listing At
BSE - SME
Registrar To The Issue