IPO Synopsis

Sheetal Cool Products Ltd
Registered Office: GIDC Plot No. 78 79 80, ,Amreli-365601, Gujarat
Tel. No: 91-279-2240501
Fax No:
Email: cs@sheetalicecream.com
Website: www.scplco.com
Public issue of 30,00,000 equity shares of a face value of Rs. 10/- each (the "equity shares") of Sheetal Cool Products Limited ("The Company" or "SCPL" or "The Issuer") for cash at a price of Rs. 80/- per equity share (including a share premium of Rs. 70.00 per equity share) ("issue price") aggregating to Rs. 24.00 crores ("the issue") of which 1,68,000 equity shares aggregating to Rs. 1.34 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 28,32,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 80.00 per equity share aggregating to Rs. 22.66 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 28.57% and 26.97%, 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. 80 and the issue price is 8 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
16-Oct-2017 18-Oct-2017 ₹80.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of :1600
(₹ Cr) Lead Managers to the Issue
Project Cost 24.00 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 24.00
Post Issue Equity Share Capital 10.50
Issue Price 80.00
Projects
To purchase additional plant & machineries at the existing manufacturing facility
Funding of working capital requirements of the company
General corporate expenses
Promoted By
Bhupatbhai D Bhuva
Dinesh Kumar D Bhuva
Sanjay D Bhuva
Listing At
BSE - SME
Registrar To The Issue