IPO Synopsis

Sure Safety India Ltd
Registered Office: Plot No 42 A/B NH No 8 Chani,Yoginagar Town BesidesZenithTi,Vadodara-391740, Gujarat
Tel. No:
Fax No:
Email: companysecretary@suresafety.com
Website: www.suresafety.com
Public issue of 18,16,000 equity shares of face value of Rs. 10/- each ("equity shares") of Sure Safety (India) Limited ("the company" or "the issure") for cash at a price Rs. 80/- per equity share (including a share premium of Rs. 70/- per equity share) ("issue price") aggregating to Rs. 14.53 Crores ("the issue"), of which 91,200 equity shares of face value of Rs. 10/- each for a cash price of Rs. 80/- per equity share, aggregating to Rs. 0.73 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 17,24,800 equity shares of face value of Rs. 10/- each at an issue price of Rs. 80/- per equity share aggregating to Rs. 13.80 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 26.53% and 25.19%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 80/-. The issue price is 8.00 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹80.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 14.53 Monarch Networth Capital Ltd
Project Financed through Current Offer 14.53
Post Issue Equity Share Capital 6.85
Issue Price 80.00
Projects
Purchase of Machinery, Moulds & Tools, R & D
Distribution, Packing & Testing Centre
Working Capital Requirement
General Corporate Purposes
Promoted By
Nishith Anand Dand
Anuprita Nishith Dand
Listing At
NSE - SME
Registrar To The Issue