IPO Synopsis

Shree Marutinandan Tubes Ltd
Registered Office: A-21 2nd Flr Amrapali Complex,S P Ring Road Bopal,Ahmedabad-380058, Gujarat
Tel. No: +91 079-29795873
Fax No:
Email: cs@shreemarutitubes.com
Website: www.shreemarutitubes.com
Public issue of 10,00,000 equity shares of face value of Rs. 10/- each of shree Marutinandan Tubes Limited ("Shree" or the "Company" or the "Issuer") for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share (the "Issue Price") aggregating to Rs. 14.30 crores ("The Issue"), of which 50,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 0.72 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 9,50,000 equity shares of face value of Rs. 10/- each at a price of Rs. 143/- per equity share including a share premium of Rs. 133/- per equity share aggregating to Rs. 13.59 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.90% and 27.46% respectively of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Jan-2024 16-Jan-2024 ₹143.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of :1000
(₹ Cr) Lead Managers to the Issue
Project Cost 13.60 Swastika Investmart Ltd
Project Financed through Current Offer 14.30
Post Issue Equity Share Capital 3.46
Issue Price 143.00
Projects
To meet incremental working capital requirements
General corporate purposes
Promoted By
Vikram Shivratan Sharma
Bharat Shivratan Sharma
Kusumlata Shivratan Sharma
Listing At
BSE - SME
Registrar To The Issue