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22 November 2017

IPO Synopsis

Sri Krishna Metcom Ltd
Registered Office: 504 Mangal Murti Heights,5th Flr Rani Bagan Harmu Road , Ranchi - 834001 , Jharkhand , India.
Phone : 91-651-2285853   Fax:91-651-2283337
Email :  skmltd@gmail.com  
Website :  www.skmltd.co.in
Public offer of 35,00,000 equity shares of face value of (Rs)10/- each ("equity shares") of Sri Krishna Metcom Limited ("company" or "issuer") for cash at a price of (Rs)55/- per equity share (including a share premium of (Rs)45/- per equity share) aggregating up to (Rs)19.25/- crores ("offer") comprising a fresh issue of 6,00,000 equity shares aggregating up to (Rs)3.30 crores by the company ("fresh issue") and an offer for sale of 3,11,000 equity shares by Sudhir Prasad Sahu (HUF), 9,00,000 equity shares by Mrs. Krishna Devi, 6,00,000 equity shares by Mrs. Binita Sahu, 6,00,000 equity shares by Mrs. Ekta Sahu, 2,44,000 equity shares by Yogesh Kumar Sahu (HUF) and 2,45,000 equity shares by Gyan Prakash Sahu (HUF) (collectively referred to as the "selling shareholders") aggregating 29,00,000 equity shares aggregating up to (Rs)15.95 crores by the selling shareholders ("offer for sale") The offer comprises of 1,80,00 equity shares of face value (Rs)10/- each for cash at a price of (Rs)55/- per equity share, aggregating (Rs)0.99 crores which will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e. Offer of 33,20,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)55/- per equity share, aggregating (Rs)18.26 crores is hereinafter refered to as the "net offer". The offer and the net offer will constitute 26.45% and 25.09%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the offer price of (Rs)55/- is 5.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Sep-17 18-Sep-17 (Rs)55.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 3.30
Microsec Capital Ltd
Project Financed through Current Offer 19.25  
Post Issue Equity Share Capital 13.23  
Issue Price (Rs)55.00  
 
Projects
Working capital requirement
Promoted By
Sudhir Prasad Sahu  
Yogesh Kumar Sahu  
Gyan Prakash Sahu  
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS