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13 December 2018

IPO Synopsis

Shubhlaxmi Jewel Art Ltd
Registered Office: Shop No 1 Ground Flr D&I Excel,Waghawadi Road , Bhavnagar - 364002 , Gujarat , India.
Phone : 91-278-2562600   Fax:
Email :  cs@shubhlaxmiltd.in  
Website :  www.shubhlaxmiltd.in
Initial public offer consisiting fresh issue of 25,04,000 equity shares of face value of (Rs)10/- each fully paid of Shubhlaxmi Jewel Art Limited ("the issuer" or "the company") for cash at a price of (Rs)26 per equity share (including a share premium of (Rs)16 per equity share) (the "issue price") aggregating (Rs)6.51 Crores (the "issue") of which 1,28,000 equity shares of face value (Rs)10/- each for cash at a price of (Rs)26 per equity share, aggregating (Rs)0.33 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 23,76,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)26 per equity share, aggregating (Rs)6.18 Crores is hereinafter refered to as the "net issue" The issue and the net issue will constitute 30.15% and 28.61%, respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price of (Rs)26 is 2.6 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Nov-18 27-Nov-18 (Rs)26.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 6.51
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.51  
Post Issue Equity Share Capital 8.30  
Issue Price (Rs)26.00  
 
Projects
Funding the Working Capital Requirements of the CompanyGeneral Corporate Purposes
Promoted By
Narendrasinh Chauhan  
Jitendrakumar Chauhan  
Listing At
NSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS