IPO Synopsis

Shelter Pharma Ltd
Registered Office: Shelter Nagar,Near S T Bus Stand,Himmatnagar-383001, Gujarat
Tel. No: 91-0277-2296038
Fax No:
Email: info@shelter.co.in
Website: www.shelter.co.in
Public issue of 38,16,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Shelter Pharma Limited (the "Company" or the "Issuer") for cash at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share (the "Issue Price") aggregating to Rs. 16.03 crores ("The Issue") of which 1,92,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share aggregating to Rs. 0.81 crores 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. net issue of 36,24,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 42.00 per equity share including a share premium of Rs. 32.00 per equity share aggregating to Rs. 15.22 crores (the "Net Issue"). The issue and the net issue will constitute 33.01% and 31.35% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 4.2 times of the face value of the equity shares. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Aug-2023 14-Aug-2023 ₹42.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 14.88 Gretex Corporate Services Ltd
Project Financed through Current Offer 16.03
Post Issue Equity Share Capital 11.56
Issue Price 42.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Mustaqim Nisarahmed Sabugar
Shakil Nisarhmed Sabugar
Listing At
BSE - SME
Registrar To The Issue