IPO Synopsis

Sunrest Lifescience Ltd
Registered Office: FF-41 Ajaj Tenament 6 Near Can,-al Nr Ritanagar Sta Vastal Rd,Ahmedabad-382415, Gujarat
Tel. No: +91-079 29918245
Fax No:
Email: info@sunrestlifescience.com
Website: www.sunrestlifescience.com
Initial public issue of upto 12,91,200 equity shares of face value of Rs. 10.00 each of Sunrest Lifescience Limited (the "Company" or the "Issuer") for cash at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share (the "Issue Price") aggregating to Rs. 10.85 crores ("The Issue"), of which 65,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share aggregating to Rs. 0.55 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 12,25,600 equity shares of face value of Rs. 10.00 each at a price of Rs. 84/- per equity share including a share premium of Rs. 74/- per equity share aggregating to Rs. 10.30 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.09 % and 28.56% 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 Rs. 84/- the issue price is 8.4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
07-Nov-2023 09-Nov-2023 ₹84.00 - 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 9.95 Mark Corporate Advisors Pvt Ltd
Project Financed through Current Offer 10.85
Post Issue Equity Share Capital 4.29
Issue Price 84.00
Projects
Meeting working capital requirements
General corporare purposes
Promoted By
Nikhilkumar Y Thakkar
Ambitbhai Shambhulal Thakkar
Bhagyesh Kirtibhai Parekh
Listing At
NSE - SME
Registrar To The Issue