:::LALKAR GROUP::::

Sirca Paints India Ltd

Registered Office: Plot No 50 Phase-2,Badli Industrial Area, Delhi - 110042, Delhi, India.
Phone : Fax:
Email : admin@sircapaints.com
Website : www.sircapaints.com

Public issue of fresh issue of 48,69,600* equity shares of face value of Rs.10/- each fully paid up for cash at a price of Rs. 160 /- per equity Share (the "issue price") (including a share premium of Rs. 150 per equity shares) aggregating to Rs. 77.91 Crores ("the issue"), of which 2,44,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 160 per equity share aggregating Rs. 3.90 Crores will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 46,25,600 equity shares of face value of Rs.10/- each for cash at a price of Rs. 160/- per equity share, aggregating Rs. 74.01 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.65% and 25.32%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.160 and is 16 times the face value of equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-May-18	22-May-18	160.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 800 Further Multiples of : 800

	(Rs)	Lead Managers to the Issue
Project Cost	77.91	Navigant Corporate Advisors Ltd
Project Financed through Current Offer	77.91
Post Issue Equity Share Capital	18.27
Issue Price	160.00

Projects

To Finance the expenditure of Site Development & Purchase of Plant & Machinery	To part finance incremental Working Capital Requirements of the company
General Corporate Purposes	To Finance the expenditure of Site Development & Purchase of Plant & Machinery
To part finance incremental Working Capital requirements of the company	General corporate purpose

Promoted By

Sanjay Agarwal

Apoorv Agarwal

Gurjit Singh Bains

Sanjay Agarwal

Apoorv Agarwal

Gurjit Singh Bains

Listing At

NSE - SME

Registrar to the Issue

No Data Available