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22 November 2017

IPO Synopsis

Sagar Diamonds Ltd
Registered Office: Unit No 101 Plot No 193,SEZ Diamond Park Sachin , Surat - 394230 , Gujarat , India.
Phone : 91-261-2397866   Fax:
Email :  cs@sagardiamonds.com  
Website :  www.sagardiamonds.com
Public issue of upto 33,81,000 equity shares of face value of (Rs)10.00 each of Sagar Diamonds Limited ("sagar" or the "company" or the "issuer") for cash at a price of (Rs)45 per equity share including a share premium of (Rs)35 per equity share (the "issue price") aggregating to (Rs)15.21 Crores ("the issue"), of which 1,71,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)45 per equity share including a share premium of (Rs)35 per equity share aggregating to (Rs)0.77 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 32,10,000 equity shares of face value of (Rs)10.00 each at a price of (Rs)45 per equity share aggregating to (Rs)14.44 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.74% and 25.39%, respectively of the post issue paid up equity share capital of the company. Issue Price: (Rs)45 per equity share. The face value of the equity share is (Rs)10 each. The offer price is 4.5 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Sep-17 18-Sep-17 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 15.21  
Post Issue Equity Share Capital 12.64  
Issue Price (Rs)45.00  
 
Projects
To meet working capital requirementTo meet General Corporate Purpose
Promoted By
Vaibhav Dipak Shah  
SG Diamonds LLP  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS